I’ve had a calendar spread on for a couple weeks on ENER. One thing that helps out on this type of trade is a near term trading cycle that seems to go nowhere. Three things I like to see happen in a calendar, stays at a steady price, goes down a bit, or volatile ups and downs but ending at the breakeven point. Well Energy Conservation didn’t quite do this. It is starting to break out. I closed the Oct calls I sold and kept the long Jans. If I can’t beat ’em I might as well join ’em.