Out of GRPN Sep 21 '13 $12 Puts @ $0.78... Original Stradde @ $0.83...

Expecting the $12 calls to start making money over the next few days...

Still have $12 calls and $11 puts...

$0.38 per share gain, or +95% gross profits on this lot...

If $12 calls expire worthless, then this would be $0.05 per share haircut, or 12.5%...