what a day... looked like it could be a good time for an uplift...

what a day... looked like it could be a good time for an uplift but costs not in line with forecasts so market hammers the price... such is life...

yesterdays stretch out on $5.25 calls looks like a fail but the $5 protection has covered any shortfall... best part of playing options is hedging both sides of a super volatile stock...

today was a chance to re-buy the $5 calls that had been closed out the day before. Same exposure at the same strike price just a different date, given the underlying volatility is over 50 there's a good chance that this latest decline could arrest and accelerate to the other side in a day or 2...

Not often that you end up with things like $4.30 puts that go from having a value to worthless to back in the trading range of maybe making some money, especially at the exact same time as 1 day apart of $5 calls can be 11.5c or 2.5c... rinse, repeat, go again and again.. such a volatile stock however the general direction is up and likely to stay that way. Super fund and personal holdings well ahead and now very solid dividends... growth, yield and crazy option plays... no other stock comes close!!! Puts AND calls go green on different days of the same week.... mind bending stuff... zero idea where its headed!