how ironic "I sold covered calls a while back (months ago)"
so you think things are better now then a month ago? how rich is that? sounds like a very deep underwater long who hopes for a short squeeze, just to get back to his $11-12 investment so he can run just like peng did with his cash!
Chieck it out I sold 30 contracts for $12.50 Jan 2012 Calls for $2.75 they are now worth $0.74. The way I see it, is we'll be rallying by year end, so let them drive this sucker lower so I can buy those calls back below $0.50 and I'll be happy.
Then I'll average down my shares and climb it back to $23.00 later this year. Cash Out, I'll have made a bundle in both directions!