Traders Ask: How do I “repair” my deep in the money covered call option?

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A  reader asked us for help in the following situation: “I have a question and wonder if you will help.  I would appreciate very much any advice that you can offer. I have 100 shares of  GMCR stock and  I have written a covered  call– June  ‘ 11/ strike 43– against it .  The stock gapped up from 41 to … Read More