Closed MON Covered Call for Quick Profit

I saw MON down this morning, but then it bounced off the low side of its trading range.  I checked the premium of the MON covered call I rolled on Friday and saw I already had half the profit I was aiming for with the option.  So, while MON was trading at $74.90 I bought to close the March 80 covered call (MONCP) for $2.40 and paid $250.74 with commissions.  After taking in $439.25 when I sold the option, I ended with a realized gain of $188.51 in less than two full trading days.  That’s a great percentage gain, but I’m still long 100 shares of MON so I’m actually down from where I was overall.

The area I circled in blue in the chart below shows the point I saw MON bounce quickly.  I bought my call back before it hit the 50 day moving average as resistance.  It’s still on the low side of both the trading channels I drew, so I’ll wait a little longer and sell another covered call at some point.  Williams %R seems to nudging out of oversold on the 14 day indicator.  If the 28 day follows all the way out tomorrow it’ll be a bullish signal.  The last time MON came out of oversold it rallied 20 points.  That wouldn’t hurt my feelings to see that happen again.