STO January 2021, 55 calls @ 5.50 which are offset by my 2021, 60 calls. I am scaling the calls out and my next level is 6.10 and, I still have the January 18, 2019, 50/55 call spreads that I expect to expire at zero or I may cover at .05 cents. My reasoning is that even though we are going up today and the market is very over sold, the trend is down and we are in a stage 4 decline. I expect the bear market to last 12 to 18 months.

When I see the market move above the 30 week moving average on volume, I will cover the 2021, 55 calls and see if we can make a new high if we are in another bull market at that time. That is my game plan and I have 2 years to make it work. I still intend to sell short dated call spreads  against the 2021 calls.