Close the Orbitz Calls for a 75% Gain

On May 2nd we purchased August $7.50 Call options on Orbitz Worldwide (OWW) for $1.00, and at the time the stock looked undervalued relative to its peers considering the momentum in the online travel booking sector.  Since then the stock has rallied from $7.60 to around $9.00 today.  Considering that there is almost 2 months until expiration we are going to lock in the gains to protect ourselves from a pullback in the market or time decay on the calls if the stock fails to go above $10.  

OWW has made a good move since we owned these Calls, and we're selling them for $1.75 today for a 75% profit.