Made a few bucks selling my MGM puts this morning. I thought for sure they were money down the drain since MGM shot up after their last earnings call, but the recent selloff pulled the price under my strike price just in time.
I also have a few deep in the money calls for IntraLinks. A few weeks back they released additional public stock in the same week as their biggest customer accounting for 10% of their business cancelled their contract. The mass selloff happened right before earnings and the stock fell about 35%. I'm hoping it'll climb back up near it's previous price before the calls expire.