After trading $MULN yesterday for a small profit, I was able to jump back in today for less than I originally paid ($1.02 and sold at $1.12 in premarket). There is a ton of IV in this stock because it has been extremely volatile. Decided to sell a CC for $10 with a $2.50 strike. This essentially knocks $10 off my $95 I paid for 100 shares. If the stock is more than $2.50 on 03/18, I sell those 100 shares for $2.50 and keep the $155 ($250 - $95) and the $10 premium. If it is less than $2.50, I keep the shares and the $10. CCs can be a great way to make additional income in volatile markets. The only drawback is you have limited upside, which I am fine with.