we now xiao mi's going to goint low end. i think there's a lot of industrial uses for the chips they make and where they go. to me i think if you do have an acquisition of this company it's probably not going to be at too much of more of a premium. it's getting a little rich here. i like mike's strayed. if you want to make a short brett this is the way to do it, define your risk. options premiums are high and this is a smart trade. >> let's say someone said i think it doubles from here. it's not so much about br it's going long-term. the path higher probably passes through a lower price. intermediate advances and then you have reactions. a new high and then a reaction. we're due for some sort of reaction at this point. you're trying to time the next correction and we think that time is now. >> that's exactly what it is. these are july dated calls. so in longer term, though, mike, what's your take on this company? >> we were talking about what would be the reasons somebody would reach for this company at this point given how