GILD THE LILY:

Overnight the 200 Lilly shares were taken away by the ITM 33-strike call being exercised by its owner. Having done the Buy/Write in early November, the duration was 3 months, or a 4 multiplier for the annualized return of 8.52%, presupposing that I could do the same trade four times, or its equivalent. Lilly closed yesterday at 35.13, 2+ points ITM (in-the-money) with the expiry the third week of April!