Hey y'all, I sold 2/28 $30 covered calls against my ASTS shares. Although there's still time till expiry, the stock is around $32 and likely to go even higher this week due to good news released over the weekend. What is my best play now:
1) Roll them up and out to higher strike price (and collect a small premium)
2) Let me shares get called away, and sell CSPs at $30 strike price or lower. However since my cost basis is in the low 10s, I'd have to pay pretty significant capital gains tax.
3) Do nothing and wait till closer to expiry, hope for a drop, before considering Option 1 or 2.
I have only been selling CCs and CSPs for the past six months or so, and this is the first time my CCs are ITM so appreciate any advice!