Sorry to hear that H! I discovered 'selling calls' a couple years ago after 20 years of playing around with stocks...never looked into options before as always understood that other than buying puts or calls is too dangerous...but after looking at selling calls against shares you hold in your account, its really lower risk than buying puts or calls. You only risk losing the shares at the strike price you sell the calls at(but also keep the purchase price of the call)...am I saying that correctly?
I really didn't think they would pull a money raise with $95m in the piggy bank already...but guessing mgmt is thinking about a big purchase. This honestly might be a good move, should only dilute 4 to 5m shares in the end.
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