I’ve been remiss about posting for over a week now.  Other than just being distracted with all of the drama around the “bail out” and watching my portfolio be decimated I also have a new granddaughter born last week.  Avery Ann was born on Sep 25.  She is our fourth grandchild.  My wife and I have been taking [...]

All of my open options for Sep08 expired worthless allowing me to keep all of the premium.  They were all Covered Calls.  I wrote over the prior few days about select Sep08 options that I rolled out or rolled out and up.  Here is the list of the remaining options: Stock Symbol Option Symbol Call/Put [...]

This morning I BTC 2 BAC Sep08 35 Covered Calls and STO 2 BAC Jan09 40 Covered Calls for a net deposit of $75.01 in an IRA account.  My basis for these BAC shares is now 45.19. Unlike the ACAS transactions I wrote about a couple of minutes ago this is a trade that I [...]