Our Apple (AAPL) and Gilead Sciences (GILD) calls are on track to expire worthless. We will watch them do so and sell new calls next week to reduce our cost basis on the positions.
AAPL Mar Week Two (3/12) 124 Call
Current Stock Price: $119.83
Cost Basis: $132.09
Action: Watch call expire worthless
GILD Mar Week Two (3/12) 64 Call
Current Stock Price: $62.17
Cost Basis: $64.75
Action: Watch call expire worthless