Today I BTC 2 PNRA May08 45 Calls and STO 2 PNRA Nov08 50 Calls for a net deposit into an IRA account of $201.01. I originally was assigned PNRA at $65 in July 2007.  Looking back at my history records I see that I Puts at 70 the BTC and rolled out and down [...]

Yesterday when PGH was above $20 I sold 2 PGH May08 20 Puts for $209.00 in an IRA account.  That represents a little over 21% on an annualized basis. Today PGH is down .78 as I write this to $19.84.  The biggest reason is probably that oil is down 3.47 today.  My PGH Apr08 20 Puts [...]

I just sold 2 CSX May08 60 Puts in an IRA account for a deposit of 260.50 and an annualized return of 36.93%. I also have 2 CSX May08 45 Puts in my taxable account that I rolled out last November.  I’ve been selling Puts in CSX since April 2007 (but not recently) with a total [...]