On 7/22/08, I sold 4 TBI Aug08 15 Covered Calls for a net deposit of $189.00 in my taxable account.  My basis, after option premiums, in these TBI shares is now 16.31.

I am still underwater on these TBI shares but am getting closer to break even, picking up .47 per share with this sale.  TBI does not pay a dividend so it does not fit into my current general investment objectives.  Even so, as long as I can make this kind of monthly return by selling Covered Calls I will probably continue to own it and sell the Calls.  After all, if this continues I will own TBI free and clear in less than a year and then the rate of return will be infinite.  :-)  That will be hard to beat.