Let’s roll our covered write into March, shorting the March 17-February 17 call spread for 0.40 or better.  We currently hold 800 shares with a cost basis of 12.55 against eight February 17 calls shorted for 0.40.  They can be covered for 0.01-0.02, but I’d suggest shorting the March calls first, since there is little risk of the Febs running away.  Check with your broker before doing so, though, since, technically speaking, it would leave you naked short calls intraday.