Shares have climbed from 1.80 in the past 8 trading days after a retreat from a recent high of 12.15. This indicates that ist's currently at an infliction point. you can play this however way youlike for a good .50 cent upside at the very least.
I like to always be hedged. Therefore, Writing either June strike 11 or 12 will yield roughly identical intrinsic time value of .38/share! I prefer strike 11 becuase you get the downside protection should shares retreat.