Well, it has more to do with CCME than TSTC itself. NEP's halt for a forensic audit lasted 3 1/2 months, and their auditor didn't resign beforehand. I expect that the resolution to the CCME debacle will be drawn out, but end favorably. At that point this sector will likely move higher, I think.
My .84 bid for the Aug 7.50 calls were filled on Tuesday. I felt that I would not be able to buy them lower in the future. As I write this the bid is 1.10, ask is 1.40.
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