Our 800 share position is showing a paper profit of more than $5,500, and we’ll have the option of letting it run regardless of whether the eight May 18 calls we sold for 0.64 against the shares expire in- or out-of-the-money. By exceeding our Hidden Pivot target at 17.25 yesterday, the stock is implying more upside potential to as high as 18.94. We’ll have left $240 of would-be gains on the table at that point, but that sum would represent less than five percent of our total profit at that price. _______ UPDATE (April 8, 10:07 a.m. EST): Stay tuned for further guidance, since it may be worth our while to cover the calls if volatility gets pummeled. At the moment, however, option volatility has shot up as a result of today’s weakness.