We hold a round lot versus an April 57.5 call shorted for 1.84. My apologies for hyping a call sale at 3.00 earlier, since it never happened.  Do nothing further for now.  We will pocket the $184 if NEM is trading 57.50 or lower come Friday, so it offers good downside protection as well as an expiration that is just days away.  If the stock is above 57.50 at that time, I may suggest simply letting it get called away.   With a cost basis reduced by earlier profit-taking to 41.22 per round lot held, that would yield a theoretical profit of $1800. We acquired the position just three weeks ago. _______ UPDATE: The stock went out at 57.77, so letting it get called away gave us a theoretical profit of about $1800.  We’ll try to re-establish a position when the time is right, so stay tuned.