Yesterday I BTC 4 KMX Oct08 25 Puts and STO 4 KMX Apr09 25 Puts for a net deposit of $457.99 in an IRA account.  If assigned my basis would now be 18.87 if these KMX shares are assigned to me. KMX does not pay a dividend so it does not meet my general investment philosophy.  I [...]

Yesterday (yes I am finally caught up) I BTC 4 AA Oct 40 Puts and STO 4 AA Apr09 Puts for a net deposit of $497.99 in my taxable account.  My basis for these AA shares would now be 34.70 if assigned. Although AA has been trending up recently I decided to reduce my chance of being [...]

On 8/25/08, I sold 2 VLCK Sep08 15 Covered Calls for a net deposit of $20.50 in my taxable account.  My basis is now 23.09. VCLK does not pay a dividend so does not meet my general investing philosophy.  It also does not provide very good option premiums at this time.  Unless something changes, I will [...]