I sold 4 BVF Oct08 15 Covered Calls for a net deposit in my taxable account. This is another one that I had been chasing  trying to get a premium/strike price combination that was a little better that the current bid.  It finally hit last Friday. BVF pays a good dividend, currently 12.42%, and a so-so [...]

I sold 6 GGC Jul08 5 Covered Calls for a net deposit of $137.50 in an IRA account. I had been chasing this one for a few days trying to get a price slightly above the bid.  It finally moved in my direction last Friday. I was assigned these GGC shares at various times and [...]

At the end of last week I sold 6 GM Jun08 15 Puts for a net deposit of $143.50 in an IRA account. GM has been taking a beating recently, including being down another .55 today.  The talking heads on CNBC tell us that GM is currently at a 26 year low (this must be [...]