MERQ

It doesn't look like there is going to be an earnings play in this stock. The company has already lowered their guidance for the quarter a few weeks ago. I may look at selling the time spread. How they guide for the future may move the stock. This is something I'll have to do some research tonight on. As far as IVs go, they look to be at 30 across the board with a relatively flat skew.

Also, I don't like to hope on stocks, but if this TXN can come down a little from where it traded after hours I'll be in good shape. It turns into a loss exactly right here at 32.30, but it is even more profitable than without the mess up at 31.5.