We must be up about 60% from the low. Good time to take some off the table and buy it back later under 60. It would also be a good time to sell some call options for added income if you want to continue to hold your shares. For what's it's worth-I've done a little of both-sold call options and taken some profits.
Our current recession could get much worse before it gets any better. That will hurt earnings over the next year.
You could currently sell the February 80 calls for about $5.8 per share. If your stock is called away you'll earn an additional 20% on your investment in just 2 months.
If not called you'll earn over 8% plus or minus the movement in the stock price. If you earn 8% every 2 months on your money it doubles in just 18 months. Not bad if you can stand the many ups and downs along the way.