Note that PETM is expected to go ex-dividend next week, which will impact option prices.

FORBES: Options Plays To Roll On PetSmart Bandwagon

Nonetheless, with live music, dancing, bingo and private functions already existing revenue streams, and food sales not an option, the future for Herne Bay Ex-Servicemen's Club remains unclear.

BBC: NEWS | UK | England | Kent | Members' club bemoans smoking ban

Whoever ends up running Citi faces a gigantic challenge, but at least he (or she) will have plenty of latitude: Robert Rubin, the new chairman (and yet another ex-Goldmanite), has indicated that no option is off the table, even a break-up.

ECONOMIST: Investment banking

Ex-Wales captain Jones has admitted he is considering an option to make the move after leaving Sale last month.

BBC: Welsh prop Eifion Lewis-Roberts joins Toulon from Sale