Chelsea Therapeutics Intl Ltd fka CHIP

[kookiekook]

The volatility has drastically reduced. The chances of a major price change before the options (particularly Feb) expire is essentially zero. Therefore the options are trading with their intrinsic value (in other words at or close to the stock price - Option Value).

Unless you anticipate a major move before the third Friday in March, I would look at rolling over for a time further in the future, if I were to roll-over at all.