OK so the stock was at $17 a month ago, headed back to $3. Earnings out today and yesterday SBLK posts and pops 25%, BDI is up 300% from the lows. DRYS trading at $4. Given the above what would you sell the March $5 calls for? All I know is that unless I had some inside info there is no way in hell I would be selling them at $0.1, not even for a covered write.