With little to no time value left, I didn’t want to risk being assigned short something that was HTB. So I rolled one of my in-the-money May positions.

Bought to close $KOLD May 110 call @ 54.66. Sold for 67.96 (as a rollout from Feb) on 2/3/16.
Sold to open $KOLD Aug 110 call @ 60.16
Credit for the roll: 5.50

Continuing to chip away at the basis on this (and will do for my other May positions–115 call, 118 call) provided KOLD doesn’t implode by May expiration.