I bought 1500 sh today and immediately sold to open the 22's for $1800. I also still have those 500 sh I have been holding forever that were left over from when I sold my shares from earlier. For this trade I think the floor is not too far from here and solid, and the chance for the price to stay roughly same or go up made me think I should do a trade where I can maybe make a few 1000 in less than a month with what I perceive to be low risk. If the stock does drop I will hold the shares (for now), but buy to close the options with the hope of rinsing and repeating.