### Comment:
Yes, exactly that. I have intrinsic value now, so at the least it’s tied to the underlying but I’m probably getting out at a good opportunity and maybe buying some 12/21 puts instead (maybe another $5k OTM?). Premiums aren’t dirt cheap anymore because of the recent volatility, so I could also just sit it out. But I HAD been hoping on a 12/13 announcement and seeing if IV spikes accordingly.

### REPLY:
Yeah that was my exact play, it was really cheap either way and with the market moving like it was I felt like IV would get me something regardless of if the stock itself dropped, but today was definitely the time to cash in.  
  
 I’m not going to buy more puts until some of this weeks uncertainty shakes out, my gut tells me we will see 49 again before ER and that’s when I’ll buy more puts.

### END.