On 7/21/08, I sold 2 HOG Aug08 40 Calls for a net deposit of $80.50 in my taxable account.  My basis for HOG is now $58.51.

HOG has been moving up recently and even raised their dividend 10% last quarter.  HOG is trading at 38.97, up .94 as I write this.  I may need to keep an eye on it so I can roll it out and up if possible.

I have read and heard that HOG has suffered somewhat because of the lack of available finance dollars for buyers of motorcycles.  It would seem that there would still be renewed interest because of the cost of gasoline.  Even with gasoline going down right now it is still generally cheaper to ride a bike to work than to drive a car.  And, does anybody really believe that oil and gasoline are going to stay down?