if you believe in CVI then i think the exact opposite strategy is called for. with ops and shares down you would get more ops per parcel of shares than if the price was up. later on when the sp has $ in front you could slowly unload ops on the high days and buy them back as shares on the downs days.
Anyway that's an academic exercise. in reality vol is a bit low today to be attempting anything tricky. you could be caught out with a bounce. besides which although the last ops sale was 20c you would need to sell at 18c atm to be assured of a sale.
CVI Price at posting:
0.0¢ Sentiment: Buy Disclosure: Held