I sold 2 ANH Apr09 7.50 Covered Calls on 10/20/08 for a net deposit of $50.50 in an IRA account.  My basis for these ANH shares is now 14.00. ANH has been paying regular dividends but now always the same or higher as the previous quarter.  ANH just announced the next dividend at .25.  The prior [...]

I sold 2 AMZN Nov08 65 Covered Calls on 10/20/08 for a net deposit of $212.50 in an IRA account.  My basis for AMZN is now 60.43. Even though AMZN does not pay a dividend it is one that I will probably try to hold onto just for the option income.  Even now, I could [...]

I sold 2 ALSK Jan09 12.50 Covered Calls on 10/20/08 for a net deposit of $40.50 in an IRA account.  My basis for these ALSK shares is now 14.50. ALSK pays a dividend of .215 per quarter.  I can normally sell ALSK Calls closer in but with the market so far down I was not able [...]