Closing Trade – PAY diagonal call spread

Stock / Symbol: Verifone / PAY
Option Strategy: diagonal call spread

We need to close out this trade today as the 37 strike call will close in the money.

Closing Details:

STC 1 PAY Apr11 34 Call
BTC -1 PAY Dec10 37 Call
for a net credit of $4.70 per contract

Analysis to follow

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