Did I call that or what?

Even with the big drop I was able to get out of the 20 JPM contracts for the same profit as I had calculated over the weekend even though the stock is down $1.30 from those levels. The BxA spreads on the Jan 2011 options stayed steady so I got lucky. MET is another story. The bid on the Jan 2011 $12.50 call I have is less than its intrinsic value. That means I would have to either take a loss on that, try and split the BxA and get paid what I should, or actually exercise those options and then turn around and immediately sell to capture the actual intrinsic value. The BxA spread on the naked $30 call is a $1.00 so I'm not paying the ask. I'm kind of stuck with this one unless I want to take a big haircut. If I paid the bid and ask I would be left with $11.70 for something that is worth $17.50 as long as it's in the money. I can realize this same profit if the stock is at $24.20 on Jan 2011 expiration, it's $34.70 right now. So another lesson learned with the long-term call spreads. So as of now I'm staying long the 15 remaining contracts I have until I can exit at better terms.