Buy now for 6.80 and write the April 7 calls for .05. It expires worthless you the rewrite the May 7's. If it gets exercised you just made 3.6% in a day and a half. You have to be bullish on this stock but at $6.80 the risk I think is minimal. (considering news will come out one day)
You're in the Sept. 6 call for 71 cents? If so would you start thinking about getting out since it's almost doubled? I'm long the Jan. 2011 7.50 but am greedy and see this continuing to rise over the long term.