This morning I sold 2 T Mar08 32.50 Puts for $108.50 in an IRA account.
I entered the order before the market opened not sure if it would get filled or not.  I suspected that the stock would rebound from yesterday’s fall.  The stock opened up and then I caught my price on a dip.  It has [...]

Today I sold 4 ALSK Mar08 12.50 puts for a deposit of $129.oo in an IRA account.
I already own 1100 shares of ALSK in taxable and IRA accounts.  It pays a good dividend (6.65% at its current price of 12.80) and I write Covered Calls on it, generally at the $15 strike price.
This stock tends [...]

I logged in to my account at ETrade this morning and found that I had been assigned 3 Jan09 7.50 NFLD contracts.  I’ve written about why I have/had NFLD activity at all in a prior post.  One of the lessons I have learned in the past year is to stop looking at these more speculative [...]