Pre-event estimate: Convention bounce typically 3-5 cents, fades 50% within 2 weeks - Position: Buy YES at 0.55 on Monday of convention week - Sold 50% at 0.62 (peak of convention bounce) - Sold remaining 50% at 0.60 (beginning of fade) - Profit: 100 x ($0.07) + 100 x ($0.05) = +$12.00