Quoted from rai:
Hey what’s your opinion if you ever sold a covered call.
sold AAPL $210 strike price January 2020 but then the stock pushes past that.
Would you just let it ride and sell below market value or push it forward to March $220 ?
Currently I sell some puts below the value or at the value $190, $200 that expire sooner but might come that will be over $220 in January.
Call is currently trading at $21.47, with the stock at $222.74.
You're not in danger of it being called away.
As to the question if you should currently roll it. Where do you think the stock goes from here? If you think it only will go up, then you may want to push it forward. If you think the stock flatlines, then just wait it out. As it gets closer to expiration, it will get down to $12 (if the stock stays at $222).
How much did you sell it for? If the stock gets called away, what is the gain? What would the tax situation look like?
Me personally, I don't like any of the calls out there for Apple. Just not enough premium for the risk of it being called away. That's why I primarily stuck to Netflix calls, because of how juicy the premiums usually are.
Now granted, if I think the market went up way too much, way too fast, then I will sell calls across the board, like I did 60 days ago.