manfromjax, i was thinking too about the covered call strategy you mentioned. For me though I wouldn't want to risk doing that while a company like this one is in serious growth mode and the share price is still taking off as I would like to hold on to the shares I was selling calls against.

Btw, what's the phrase? Trading options can be risky and is not for everyone. Ouch, I learned the truth in that.

Seems to me I read that options listing doesn't happen automatically when a company moves to one of the big exchanges but investors can request that options be listed for a specific company.

There's this sentence from Cboe (Chicago Board Options Exchange) - "Cboe has staff that is constantly reviewing stocks that are candidates for listing, it is possible that a stock has been overlooked. If you feel this might be the case, you can contact the Cboe and suggest it."
http://www.cboe.com/education/getting-started...arketplace

And there are these requirements:
Options Criteria:
1. The company must have a mimimum of 7,000,000 publicly held shares outstanding.
2. The stock must be listed on the NYSE, Nasdaq, AMEX or any national stock exchange..
3. For the past 5 trading days, the closing price of the stock must have a minimum per share price for a majority of trading days. This means that IPO issues cannot have options traded on them until 5 days after the initial public offering date.
4. There must be at least 2,000 shareholders in the company.
http://www.theoptionsguide.com/criterias-to-l...tions.aspx