(the content doesn't copy in here for some reason).
I don't think it was a rushed decision. I think it was to give the company some certainty. The aim is much more to prevent a loss than to try to make a spec profit, so being out of the money isn't a bad thing at all, in fact it's what they hope for. The best outcome is when POO is exactly at ceiling price on end date.
SXY Price at posting:
37.7¢ Sentiment: Buy Disclosure: Held