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I think the massive drop in price is an overreaction that we can potentially take advantage of. The relative financial performance looks worse as a result of non-recurring elements.
The shares are now much cheaper than when I last looked at the stock, and I think we're getting close to the point where I'll actually buy shares.
The puts I wrote are underwater, but by much less than are the shares. Additionally, the market is offering a chance to sell more at a lower strike price.