Yesterday’s forecast caught the intraday high of a powerful rally to the exact penny, allowing us to initiate a covered write at an excellent price. We shorted eight October 26 calls for 1.00 just ahead of an end-of-day selloff that shaved 70 cents from the share price in less than an hour. Let’s try to partially cover the position today so that we can re-short some more calls later:  Bid 0.58 to close for four calls, day order, and 0.48 to cover four more.  We continue to hold 800 shares with an adjusted cost basis of 12.95, but our goal in putting on the covered write is to further reduce the cost of our stock.