AVNW - I've buying shares and hedging those with May $30 covered calls .... also wrote a bunch of May $30 PUTs .... so effectively I'd be selling my entire position at $30 on May 21st if it's over $30 at 4pm on that expiration date .... if not I'll probably roll over the calls to June or July, or trade in and out of the position if the call premiums are not high enough.