Today Cloudflare (NET) shares are down more than 3% to roughly $70 per share. Our outstanding covered-call option contract (strike: $80; expiration: 30APR2021) was closed on a standing limit order for $50. We netted $68.62 over the nine days we held the short position. Our 100 NET shares are down more than $19 per share but we’ve earned $850 on six covered-call contracts. If we can sell our next covered call for $0.80 per share on a contract with an $80 strike we’ll break even on the NET trade.