I sold a covered call at 50, with the stock currently trading at 53, and only a few days to expiration.
I can roll out the call for 1.30 credit, but that's less than the in-the-money amount, so it has no extrinsic value. Would I keep any of this credit if the option expires in-the-money?
UPDATE Adding some specific prices:
100 CSOD, market: 53 -1 jan 15 50 call @ 1.05 The call was originally sold for 1.05. Jan 15 50 call: 3.00-3.50 Feb 15 50 call: 4.50-4.90