I capped half of my shares with covered calls a few days back, for some protection. I sold the 11/16 $7.50 calls for .60 cents that's about a 10% premium payout with $1 upside. I'll roll the dice with the other half.
The mm set the price of the stock. They drop it down and buy all the shares from the dumb money,and then sell it back to them at a higher price. This game goes on and on; they usually sharpen their teeth before an event.