Retirement Income

Stocks and Options

July 23rd, 2008 at 12:30 pm

Yahoo! Inc (YHOO) - Sold Aug08 Calls

On 7/21/08, I sold 4 YHOO Aug08 25 Calls for a net deposit of $177 in an IRA and my taxable account.

I own 200 of these YHOO shares at 23.68 and the other 200 shares at 25.11.  I originally purchased all of them at 30.  I just continue to milk the YHOO shares that I own as Icahn and the YHOO board fiddle around with MSFT.  I hope that nothing important happens to drive the price up before Aug expiration so that I can sell calls on these shares again.

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