Sirius stock price vs Call Options
Can Sirius presently trading at .14 drop as far as their call options of .05 ?
I remember I was thinking at .50 cents, it might be less risky to buy Jan '10 - .05 call options.
So buying Sirius near .10 cents would be like buying call options that only expire if they go bankrupt. Maybe worth a shot on 100,000 shares at .09 cents.
I think I'll put a bid in there - just another 5K they I might risk, but if it holds off bankruptcy and ever hits $1 again - 100K back in my pocket.
Not sure if I have the balls or want anymore pain with this stock though.