I almost forgot these two new put transactions.  I did both of them on 12/26/07.

I sold 2 AGU Jan08 65 puts for $300.50 in an IRA account.  Jim Cramer spoke about this one a few days earlier.  It is an agricultural retailer and fertilizer producer.  It has a great chart and good fundamentals.  Part of the attraction here is leveraging the demand for agricultural products, in particular to support the bio-fuel industry.  Even though bio-fuel is not the most efficient way to create energy it has a lot of popular support and with the recent energy bill that Pres. Bush signed there is even more support.  This creates demand for this stock (and others).  Cramer compared AGU to FCX because of its aggressive acquisition bias.

I also sold 1 COP Feb08 85 put for $203.25 in an IRA account.  COP is also a Jim Cramer pick as best of breed.  In his most recent book, Cramer calls COP out as one of his top 20 stocks to buy now which should be good for the next 5 years or so.  I believe that energy in general is a good place to be.  This stock pays a moderate dividend so if it is put to me I will keep it and sell covered calls because it would fit into my general investing philosophy.