Thoughts on SSE volatility post-plunge

It's been a rough ride for $SSE today, shedding nearly 20% to settle around $0.1567. Looking at the intraday range, we bounced off $0.15, which could be a psychological support, but the selling pressure to reach $0.1893 earlier on the day and then fall back so sharply is concerning. I'm looking at how volatility options might price in a continuation or reversal; the risk, of course, is if this level fails and we see a further flush towards the next round number. For now, it's a watch-and-learn for me regarding implied volatility on any short-term contracts.