This morning I BTC1 MNST May08 25 Covered Call and STO 1 MNST Dec08 30 Covered Call for a net deposit of $72.51 in an IRA account.

This roll out and up is farther out than I really wanted to do but I also do not want to have MNST called away at 25 as I own it at 41.14 even after this current transaction.  I was originally put MNST at 50.  If I remember correctly this was another Jim Cramer idea that I bought into.  He thought that MNST looked like a good takeover candidate for MSFT.  I have pretty much quit listening to Cramer’s ideas of this type.  Most of my new current activity is on stocks that pay a dividend and are less speculative.