Retirement Income

Stocks and Options

Currently browsing posts found in June2008


Freeport-McMoRan Copper & Gold Inc. (FCX) Rolled out and up

June 25th, 2008 at 5:21 pm » Comments (0)

Today I BTC 1 FCX Jul08 90 Call and STO 1 FCX Jan09 95 Call for a net deposit of $167.50 in an IRA account.
I originally purchased these FCX shares at 100.  My basis is now 87.05 after accumulated option premiums and excluding dividends received.  I like to hang onto FCX so took advantage of [...]



Yahoo! Inc (YHOO) - Rolled out Jul08 Puts

June 24th, 2008 at 7:59 pm » Comments (0)

Yesterday I BTC 4 Jul08 27.50 Puts (2 each in my taxable account and an IRA) and sold 4 Jan09 27.50 Puts for a net deposit of $272.02 for the two accounts.
I’ve been watching YHOO decline since MSFT stated that they were no longer interested in acquiring it.  There was a rumor today that MSFT might [...]



Sold various Covered Calls from Jul08 to Dec08

June 24th, 2008 at 7:46 pm » Comments (0)

Yesterday and today I sold Covered Calls on the various stocks whose Covered Calls expired in Jun08.  I don’t think any of these require additional discussion as I have written about them in various previous posts.  Enter the stock symbol in the search feature to find them if you have an interest.
These transactions represent $1382.75 in cash [...]