$WOLF 20250530 2.5 CALL$ I opened $WOLF 20250530 2.5 CALL$  ,WOLF: collect 10% premium with these covered calls with strike at $2.5. Contract expires next Fri on 30th May. News on WOLF broke out that they will be filing for bankruptcy in coming week and WOLF dropped 60% on 21st May as the result to as low as $0.82 before stabilising above $1. Still I've already mark this counter as total loss and won't worth selling whatever left in a panic mode. Stock actually rebounded >100% from bottom of 0.82% to $1.71 now reflecting the extreme volatility at the moment. Even the sold call was drawing up to 10% premium just for 1.5 weeks. If stock close above strike of $2.5 next Fri, that will be the end of the trade. If it stays low, then will continue to sell new calls until the counter expires.WOLF: collect 10% premium with these covered calls with strike at $2.5. Contract expires next Fri on 30th May. News on WOLF broke out that they will be filing for bankruptcy in coming week and WOLF dropped 60% on 21st May as the result to as low as $0.82 before stabilising above $1. Still I've already mark this counter as total loss and won't worth selling whatever left in a panic mode. Stock actually rebounded >100% from bottom of 0.82% to $1.71 now reflecting the extreme volatility at the moment. Even the sold call was drawing up to 10% premium just for 1.5 weeks. If stock close above strike of $2.5 next Fri, that will be the end of the trade. If it stays low, then will continue to sell new calls until the counter expires.