Medco Health Solutions Getting Closed Out

It looks like my Medco Health Solutions, Inc. (Ticker: MHS) trade is going to get closed out this week at options expiration. When I opened the position in Medco Health Solutions, I also sold the March 70 calls for $0.95 against my position. I’ll be making a decent return of 3.3% or ~ 108% annualized (including the proceeds from the covered calls) with this trade. Again I went “All In” with this trade.