I bot Peleton calls before earning and ToS stated that 90/95 call $175 price can make $300. Peleton was soaring overnight and I made $85/per option. Not the great risk-reward ratio. If I just bot outright I would have made a nice profit. I have no stomach for buying the stock as it was all over the place, after yesterday's close. I may buy spreads with a wider strike but I will just try to buy the option in lieu of the stock. I have Nov 338 SPY puts from yesterday, as stand-alone, and when in the money I sold 335 puts to lock in the profit. When the market heads south again, next week (FOCM meeting) I will buy my short put back.