They are Jan 45 calls. You expect $8 div guidance by mid-January. I think your on crack! (jk) With short dated calls, you have to sell before any correction and just take your gains off the table in my experience.
When do you expect a $2 div - by what point next year?
<<IN terms of selling at 53--all depends on what you think is going to happen to the dividend. (Also what price did you pay and what are the tax effects--short orlong term)
If the optimists are correct and the dividend is going up to around $8 you are selling way too soon regardless.