### Comment:
Why would you buy those calls? Aren’t they going through a bankruptcy restructuring? From memory the current shareholders will lose 98% of their equity? So every single call strike will expire OTM.

### REPLY:
That news wasn't available when I bought, my avg. was at .11 so I guess I chalk it up to a ~ $100 haircut and remember the lesson. 
  
 That being said, I saw an opportunity to get a piece of a company that looked to be part of oil's 'rebound', also this was before the tariff garbage too.

### END.