IWM -- Adjustment

The IWM position was adjusted to the shorter-term call:

Stock Price	Date	Description	OptPrice	Total	xIRR
$78.08	2012-01-20	Buy 20 IWM 3/17 2012 $76.00 Call @ $4.42	$4.42	-$8,869.95	24.5%
$78.01	2012-01-20	Sell 20 IWM 1/27 2012 $78.00 Call @ $0.92	$0.92	$1,810.05	25.1%

I went from a call with $2.34 of extrinsic value to one with $0.91 of extrinsic value, but I fully expect to earn more than the $1.43 difference in the additional seven weeks I now have the ability to write weekly calls on.