Celsius 30 strike calls for the retracement

CELH calls and call spreads are attractive. in small size.
When a stock is deeply beat up, I like to use calls and then later convert to stock with less leverage.


The upside potential is significant if celsius retraces after its large 75% stock fall.

plan A- take a gain on the calls, 3x or more.
plan b- roll to another month if takes longer.
plan c- take a gain on call and buy celh stock higher to keep for long term.

worst case, if the option is wiped out, Im prepared to put on a new trade, new call, so I keep cash for this and dont go too big on the initial trade.