GE Calls Sold

I've been selling puts and calls around GE for awhile now. I got assigned sometime last year on some puts and have spent a lot of time sitting. My cost basis (not including premiums collected along the way) is $17.50. I wasn't real interested in taking a loss, so I've been waiting for the $18 strike to show a little premium. Ideally I wanted about 1% this month, but I took a little less and sold calls for $12 at the DEC 18 strike. I'm not going to be terribly disappointed if GE is called away, the premium + profit wasn't horrible all things considered, and I may start writing puts against it for JAN.

My long term MSFT double calendar is getting a bit interesting.  The short NOV 30 call is within range. The position is showing a pretty good profit, but I'm going to try and stick to the plan. If 30 is breached after expiration, I may hold the long call and sell another strike up to make a diagonal. We'll see, but I really didn't expect any of the options to be in the money at this point. If MSFT stays below $30 this Friday, all short options will have expired worthless, which means another good month.