In for the long haul, hoping they can keep paying the distribution.
I sold some dec 20 puts short if they get put to me I will have paid 19.15 less commissions I did this on the last secondary offering and it closed above 20 by nov exp date..
Not a bad idea, I've done that with other stocks. As you probably well know, the only problem is if it goes to say $21... still it would be "free money".
Ugly close, hope it'll hold 19.34. GL