Today I sold 1 GE Nov08 15 Put for a net deposit of $94.25 in an IRA account.  If put to me my basis in these GE shares would be 14.06. I just could not resist the opportunity to own GE at this depressed price, at least if it is put to me.  GE is [...]

Today I sold 5 AUY Dec08 5 Covered Calls for a net deposit of 147.25 in 3 IRA accounts.  My basis for these AUY shares is now 9.56 for 1 lot, 9.02 for 1 lot and 11.18 for 3 lots. I’ve been sitting on these AUY shares since my last options expired in Oct08.  I wanted [...]

This morning I BTC 7 TIE Nov08 10 Covered Calls and STO 7 TIE Jun09 15 Covered Calls for a net deposit of $218.51 in my taxable account.  My basis for these TIE shares is now 29.62 not including dividends received. I don’t know if TIE would have stayed above the Nov08 10 strike price [...]