Skii, my portfolio is dynamic. Remember, I said I have calls(s) to hedge the put spreads. Sold the calls(a lower strike than your 265) for a nice profit. Now hopefully the stock will move down and my put spreads will come back. Sybil called you a "dope-are you going to respond? I am willing to believe that you have the call(s) you say you have. Good luck on that rally continuing.