I'm surprized to hear that you started buying ALREADY....LOL
I thought I would cave before you. I know you said your just getting started, point taken, but this could be a dollar lower by Tuesday. You seem to have adjusted you bottom target by a dollar? I still don't like trying to catch a falling knife. On these prolonged drops, with cause, I'd rather wait for that bounce you previously described. Otherwise, I likely would have bought at about $14.50.
Actually, I'd like to give a tip of the hat to OB (at $10). Then I feel I could make some great money. My take on Call options is that they are still very pricey. I may have to buy the stock again.
Plus the selling is subsiding and most refiners are forming a rounded bottom. This is a good solid base. It may continue the process bouncing in the range, however when WNR and the refiners decide to break out to the upside, they will move quickly.
IMHO, I still believe there are plenty of money managers out there looking to buy.