Nice gnawkz. I agree for the most part. We will see what new information tomorrow's presentation will reveal. I have gambled the last two weeks by increasing my shares and short term options that the information is positive and have contemplated the reverse (unlikely IMO) and have a strategy to deal with that.
Not so... if you own calls on a stock, you can exercise it and call away that stock anytime you want - simply tell the broker to exercise the options and "flatten your position" - that is, use the stock coming in to cover the shorted shares.