November options expiration

The November 23 covered calls I wrote on CHK expired worthless for a gain of +1.06. With the stock in the 22s, it should be possible to write more 23s barring a major near-term decline.

The November 39 calls I wrote on GILD expired worthless for a gain of +1.10. These were written against a long position in January 25 calls. With the stock near 38 it should be possible to write calls again pretty soon.

Finally for November, the JCI November 33 calls I wrote were assigned, so now I am short the stock. The position is hedged by a long position in January 22.50 calls.

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