I sold 1 FBR Jun08 2.50 Call for $6.25 in an IRA. Yes, I said $6.25.  I have other FBR calls that expire in Jun08 which is how I picked the month.  I could have let the stock just sit there until I could consolidated it with the other FBR stock and sell calls in June [...]

I STO 2 YHOO Apr08 27.50 Puts for a deposit of $174.50 in an IRA. YHOO keeps bouncing around 28, sometimes even dipping below my 27.50 strike price.  I still think that MSFT will be successful with its quest to acquire YHOO at $31 or perhaps even higher so 27.50 should be safe.  Even if [...]

Yesterday I sold 4 RAD Apr08 2.50 Puts for $29.00 in an IRA. This is a pretty small dollar amount but the percentage return on at risk cash is more than 46% annualized. I consider this a trade because I do not intend to hold RAD as a “core” investment.  For one reason it does [...]