On 8/22/08, I sold 2 DSX Oct08 35 Covered Calls for a net deposit of $60.50 in an IRA account.  My basis for these DSX shares is now 33.16.

DSX pays a good dividend, .91 in the most recent quarter and up each quarter from .58 four quarters ago.  I would have preferred to have sold Sep08 calls but needed to go out to Oct08 this time to be able to get a reasonable premium for the 35 strike price.  I intend to keep DSX as long as I can collect the dividends and option premiums.