I'm guessing that Linn, barring an off-the-cliff economic collapse (will Norquist rejoice?), will raise the distribution 5% in April and announce it several days after the April options expire. Maybe that'll be good for a 5% move from Linn's current PPS, either in anticipation or sometime after. Still, I find the April 44 options comfortably attractive. So during the week I sold covered calls in about half my core holdings of LINE for .85 and then the other half for .90, each time for a nickel more than the bid price. About $10K got dumped into my account, and if I happen to lose the units at 44, well, that's certainly a good price, which may not even hold. Whatever transpires I'll do well. Of course, in the unllikely event that someone buys Linn for $50 I'll be rubbing ashes on my forehead.