To many $5 April calls outstanding for Xin to rise further. Whatever hedge fund wrote the calls will put selling pressure on the stock until OPEX on Friday April 19th.
To the top. Stock is still trading around $5 and will stay here for a while. 2-3 month consolidation is normal for this stock, hold long-term.
$10 calls taking some action
couple of months ago they didnt even offer $7 call and now they're up to $10
$7.50 Oct 13 calls look good...