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 [...]

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 [...]

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 [...]