Yes. Big props to him. I'm guessing still likely going to be at a loss close to 25k. But the alternative could have been have over $100k. Though it's a tough lesson for me, I believe this industry practice of allowing after hours stock prices to impact options prices - when options are fully closed - violates a basic tenet to the idea of fair markets. Either allow options to be opened the same after hours as stocks or close options after reg trading times.