I sell gradually never all at once. My last trade on Aerl was to sell 300 shares at 3.25 that I bought at 2.85. Yes it only netted $100 but if you do enough trades that net $100 it adds up to real money. Currently have 2400 shares. Next target is 3.75 to sell with a buy at 2.85.
The options are attractive, I'd likely sell 5 dollar calls for a solid upfront gain. Not sure about buying it here though, will probably wait for a dip. Only problem is that I'd need to hold for a good period of time.