On 11/14/07 I BTC 2 AKS Nov47.50 put contracts and STO 2 AKS Dec 45.00 put contracts.  This netted me an additional $101.00 into an IRA account.  Notice that not only did I roll the contracts out but I was able to sell and generate additional cash flow at a lower strike price.  I like when I can do [...]

I’m still catching up with things I did last week.  After dealing with the margin call I again had dollars to work with in my taxable account.  I am concerned about being put 2 Jan 09 put contracts at $30.  The stock is underwater right now so on 11/14/07, I BTC the contracts and STO the [...]

As expected, I got a margin call.  They want $4000.  I decide to wire them $8000 to give myself some additional cushion and room to maneuver.  They got the funds on 11/13/07 and the market rebounded big time.  I had been taking cash from this account for monthly expenses and letting my non-taxable (IRAs) keep their [...]