I sold 2 NYX Apr08 70 Calls for $100.50 in an IRA.

My basis for NYX is not 85.25 so as you may guess I don’t want it called away at 70.  There appears to be little chance of that by Apr expiration though.  This stock has been something of a disappointment for me (big surprise).  It is encouraging that I felt comfortable selling a call only one month out this time.  The last time I was 6 months out.  I prefer to have money deposited in my accounts faster rather than slower.  NYX does pay a .25 quarterly dividend which helps some.