Buy 100 shares at 5.41
Sell Oct 21st 5.5 call
Whole Package: 4.93 db (4.93/share's your break even/cost basis)
Max Profit: $57 (if called away at 5.5)
Notes: I've looked at this underlying several times over the past several weeks, as it keeps popping up on my high implied screens. The good thing about the setup: the short call strike is near to current price, so price needn't move much to finish above 5.50 at expiration. The bad thing about the setup: lows are around $4/share, so it could cave into the poo pile its longer-term charts make it look like -- a post-downhill slide from its initial public offering price of >$25 per share, although support is indicated at about 5.15.