Yesterday I exited my position in MRO call options

The crude oil market hysteria has died down somewhat, as it becomes more clear that the main Iraq oil production for export is further south than the Islamic State is likely to reach in the near future. Oil supplies are unlikely to be disrupted in the next little while. With only 4 days left until expiration of the July call, I thought it best to exit the position which was 'in the money.'

The Iraq Oil Report is a website with useful information about the situation.
http://www.iraqoilreport.com/

I also like to read Army Times Early Bird Brief