Retirement Income

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Currently browsing posts found in July2008


Companhia Vale do Rio Doce (ADR) (RIO) – Rolled out Sep08 Puts

July 28th, 2008 at 12:43 pm » Comments (0)

Last Friday (7/25/08), I BTC 2 RIO Sep08 25 Puts and STO 2 RIO Dec08 35 Puts for a net deposit of $101.01 in my taxable account.  If put to me my basis on these RIO shares would now be 32.69. I tend to like RIO as a basic materials play but this is my [...]



ALTRIA GROUP (MO) – Sold Aug08 Calls

July 28th, 2008 at 12:36 pm » Comments (0)

On 7/24/08, I sold 2 MO Aug08 22 Covered Calls for a net deposit of $36.50 in an IRA account.  My basis for MO is now $37.49. MO has confused me of late because of the KFT and PM spin-offs.  I am not really sure what my basis is but am using the stated value [...]



Alcoa Inc. (AA) – Sold Sep08 Calls

July 28th, 2008 at 12:26 pm » Comments (0)

On 7/24/08, I sold 2 AA Sep08 40 Covered Calls for a net deposit of $74.50 in an IRA account.  My basis in these AA shares is now 28.88. I originally acquired these shares at 37.50 so am looking for an additional 2.50 per share over my purchase price if these are called away.  AA [...]