The company has a large share buy back in place.
Berkshire Hathaway has been given permission to expand to 15% of the common stock.
The company is over reserved and likely with earning tomorrow will report the actual amount of reserves released to the bottom line as .
I sell cash secured put verticals on the stock and routinely roll these forward. Likely the day after tomorrow I will be able to buy in the 40 /37 strike put vertical and sell the next months options keeping some cash and rolling the risk forward by one month.
As usual the cash goes into GGN or BPT . One is an oil and gas portfolio. The other is an oil trust.
I like my chances.
Looks like the world did not end.