For those who have shares, this would be a great location to sell (in my opinion). Even if you DONT have shares, XOM
is at a nice buy low, sell high area and this would be a $5.00 gain on an $87 stock - not too bad.
This is just another one. Rinse and repeat. Would not cry about getting exercised. To learn more about #coveredcalls you're welcome to watch this video.