If I had a leveraged position in a stock with 75% volatility, I would not be sleeping well at all!
Question for
@asb83 though: if your valuation is about $2, why would you be short at these levels? For a stock like this, if your central case is $2, then a realistic 12 month range is probably something like $1-$3 or similar. Seems like splitting hairs with the stock basically at your valuation.