I did buy 500 sh. of INFN @$17.58. My real intent, I decided was to buy 1k, but let's see just how low this might go. I have not written covered calls. If the market doesn't get 'flooded out' and lose another couple of hundred points today, and the sun comes up tomorrow, a rebound/relief rally might bring even better covered call prices. Worst case, I own more INFN. Fallon doesn't lie - doesn't mean a guaranteed good CC in late Jan., but his bullishness may be 'bettable'.

The real question is where one would buy NOK if one wanted to increase the position. Up 2% today. Rats.