I put in $800.00 to try to make 8k. If they do go up, like I think, it will be a great bet, but if not, I will have learned more about Options trading. I've made 90k+ on XIN over the last two years, so I can handle loosing $800.00 if need be.
However, I see $10.00 by January, so all is well!!! :o) The end of last year they had stated that they would make the majority of their money in the end of 2013, and with the additional 60 million in buybacks, they could potentially buy back 25% of the float.
$10.00 will be coming. I am just hoping it comes by January 18th.