CMI split-off offer

Yes. I sold 10 contracts and bought 1000 shares and left 190 shares short.

I went even further April monthly expiration, semantics.

That’s a possibility. I have to take that risk and deal with it. Because paying $70 a day means all profits will be wiped off. You are trading one type of risk with another. I could have bought a $25 Put and basically locked it, but took the risk. I was flirting with that idea.

You are not going to completely eliminate the risk or at least that boat has sailed. The best way to deal in future is not to short but to buy puts, that way we have clearly well defined profit.