On Friday, 9/26/08, I BTC 2 ACI Jan09 40 Puts and STO 2 ACI Jan10 40 Puts in my taxable account for a net deposit of $481.00 in my taxable account. I wouldn’t mind owning some ACI but this is my taxable account and I am still working on reducing margin exposure in it.  ACI [...]

On Wednesday, 9/24/08, I sold the following Covered Calls for a net deposit of $172.50 in my taxable account and various IRA accounts. 8 DIVX Dec08 10.00 – My basis for these DIVX shares ranges from 15.99 to 20.64.  I am a little concerned that DIVX may reach the strike price by December expiration because [...]

On Wednesday, 9/24/08, I was assigned 3 ZQK Nov08 12.50 Puts and sold 3 ZQK Nov08 7.50 Covered Calls for a net deposit of $67.75 in my taxable account. My basis for ZQK is now 10.48.  ZQK does not pay a dividend so I intend to sell Covered Calls until I can get it called [...]