On 7/22/08, I sold 2 CCJ Aug08 40 Covered Calls for a net deposit of $190.50 in an IRA account. My basis for CCJ, excluding dividends, is now 36.95.
Although CCJ does pay a small dividend (.06 per share per quarter) it is not the primary reason that I own the stock. The option premium is why I own the stock and my belief that uranium will become a more precious commodity as the world, and hopefully the US, turns more to building nuclear plants for generating electricity.