If your unfortunate position is large enough, contact a...

If your unfortunate position is large enough, contact a reputable broker (?) and discuss the possibilty of selling out of the money reasonably short dated calls against your position.

The volatility at the moment will attract a significant premium and over time that premium income will help claw back the capital loss. Subject to being taken out by any rapid re appreciation in the share price, (e the call price would still be much higher than the current share price!) you should regain a lot of lost value-but it may take up to 18 months if the shares slowly lift.

I am not explaining it too well. Speak to a decent broker who knows options-not your averge moron.

Cheers,TAS