No real rebound. If I were trading the stock I would sell as there as the impulse system went red on the dailies. The Weeklies would still permit the buy. My position is a 1 X 3 option back spread, so even though the stock has traded down pretty significantly, my position is still even. I will make money as long as this trades below 6 or above 7.95.
Of course, its not exactly a great trade to hold through july expo for a .05 credit.