Agree! I just bought some calls, and I don't trade in options often.
It dropped because of its cautions about Russian sanctions. The oligarchs of Russia are putting pressure on Putin - and in spite of his arrogance, he is not stupid, and will find a face-saving way to back down on the Ukraine situation. He doesn't need the Donetsk mafia creeps. They would just be a nuisance, not an asset to Russia.
Already getting a bound in after-market - I might have been late with my order.
I've been to Donetsk -- creepy place. Rest of Ukraine is lovely.