Yesterday I sold 2 DIVX May08 7.50 Calls in each of two IRA accounts and my taxable account. I deposited $70.50 into each account.
What can I say about DIVX? I am disappointed to say the least in its recent price performance. I own these DIVX shares from the high 15’s to low 18’s so don’t really want then called away at the 7.50 strike. I had calls at 15 and 17.50 strike prices on these lots that expired in March. I held off selling calls again to see if the stock would recover some. It does not appear now that it is going to anytime soon, at least not until after the April expiration.