Jon,

Nice play - IIRC, your share-costs are a good deal lower than the strike. And we're even at this point - I also have 1k shares, but bot around $25.40. So I'm playing with the idea of selling calls about a month out. The returns have again turned somewhat paltry, but of course that's to be expected, now that the 'earnings bump' to premiums is over. It's tempting to do that, given that the stock has just been flat for a year or two. The only thing that might 'stay' my hand is that the closer we get to 2019, the better the results, and the prospects, ought to be of course, given 5g starting to roll out in enough markets to matter. So time is on our side. Unless the whole market tanks, which I feel more sure of than ever, given that if inflation takes hold, the fed doesn't have that many bullets to fire - after lowering inflation rates, are we back to QE bond buying?  (Not to mention Trump's inability to understand the duties of a president, beyond self-agrandisement.) 

And I'm a little bit foggy on inflation - I had read that January's inflation rate was 0.5%, or 6% annualized. As I wrote this, I looked for February's rate, but could find nothing - maybe the numbers aren't available yet. But several sites showed Jan's inflation as 2.1% annualized - leaving me puzzled - is the 2.1 vs 6.0 difference a core inflation number for the former? Wish I had some info on whether January was an outlier 'blip' or a trend. And there is always, at least a chance, that the market intially flips out over Fed rate hikes, and then gets used to it, looking at the 'bright' side of rate hikes indicating economic vigor. 

But INFN is reveling in the CIEN results, while NOK pays no mind. Anyone know when NOK pays their dividend? I seem to remember it being in May, but that may be human error.