On 8/20/08, (I’m only a week behind now ) I sold 2 LEH Sep08 20 Covered Calls for a net deposit of $44.50 in an IRA account.  My basis for LEH is now 69.10. Since I am so underwater you can guess that I do not want LEH called away.  I continue to chip away [...]

I’m still catching up on trades I made the last week or so.  Sorry about that.  I just seem to have too many other things going on…or maybe I have too many stocks to deal with and write about.  So, on with the saga. On 8/18/08, I sold 2 BAC Sep08 35 Covered Calls for [...]

On 8/18/08, I sold 3 S Sepo8 10 Covered Calls for a net deposit of $79.75 in an IRA account.  My basis for S is now 21.56. S is not currently paying a dividend so it does not meet my general investment philosophy.  Unlike some other stocks I suspect that I will let S go [...]