LogFAQs > #951880593

if you sell covered calls you should not plan on buying them back.

If you are tempted to buy them back you shouldn't have sold them in the first place.

What you can do is roll the position however. Basically in one move you buy back your CC and sell another one at a higher strike but further out in time for a profit. For example you could:
Buy back the 3/19 107 for ~1.8
Sell the 3/26 114 for ~2
making about 20 cents per share in profit and giving you a higher strike

(Also for covered calls i recommend 2 weeks - 5 weeks out because of stuff like this).

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DPOblivion beat us all.