the price for rlyp has not been able to hold its gains from AH trading which is fairly typical here. it will take a legitimate BO or improved earnings to get this back to 30. I am still very comfortable with the june 22.5 calls that I sold against my position. I still feel they expire worthless. In fact they have stayed profitable even with the AM runup. very little ground gained on them. premium drying up.
in my opinion buying out of the money high priced calls is a fools game the premium is ludicrous For you to be profitalble 5he stock needs to rally over 30% in 3 and 1/2 weeks. I think owning the stock and selling calls would be a better idea.which is where I am at. I have drastically reduced my holding cost by #$%$ so I agree with another poster that the premium could go down severely once the may 26th date passes unless you guys can keep the ever glowing BO rumor going which is getting extremely old in the tooth. A BO wont happen until you all give up on it, lol.