I sold 2 BP Mar08 65 Puts for 300.05 in an IRA account.  This is a 26.91% annualized return. BP pays a good dividend at 4.94%.  I would actually not mind it being put to me.  I own another 100 shares in this account that I acquired when I was an employee of ARCO which [...]

I sold 6 GM Mar08 22.50 Puts for $209.50 in an IRA account.  That is an 18.59% annualized return.  A little less than my goal of 20% but this is GM.  I sold Feb08 25 puts for GM last month that expired worthless.  The price is down a little since then and there has been [...]

I sold 3 YHOO Mar08 27.50 Puts for 172.50 in my taxable account.  This is a 24.37% annualized return on the strike price. I think that the MSFT bid for YHOO will keep the YHOO price above the 27.50 strike price of this put.  If not I will probably try to roll this out before [...]