We hold 800 shares with an adjusted cost basis of 11.75 against eight May 18 calls that we shorted for 0.64.  The covered write limits our upside participation above 18.64, so we may try to buy May 19 calls to get back in the game:  not immediately, however, because Friday’s high came within pennies of a Hidden Pivot target that should give way to a correction of this by-now parabolic rally. _______ UPDATE:  Do nothing further right now, since I don’t fancy covering a covered write when the underlying stock is in a parabolic move. I might have advised doing so earlier if I’d noticed that the April 15 high had impulsed above the 17.80 peak notched on January 11 (see chart). Instead, I was asleep at the wheel, missing archival-quality camouflage that became manifest on the $1.03 pullback that followed this very subtle breakout.