On Wednesday, 1/28/09, I sold 1 FCX Mar09 35 Covered Call for a net deposit of $72.50 in an IRA account, exclusive of dividends.  My basis for these FCX shares is now a lofty 86.33. Well now, here is FCX, one of my favorite stocks earlier because of the nice dividend and option premiums.  Then, [...]

On Wednesday, 1/28/09, I sold 2 AA Feb09 10 Covered Calls for a net deposit of $28.50 in an IRA account.  My basis for these AA shares is now 27.72, excluding dividends received. AA has sure taken a beating these past several months.  For most of 2008 it was trading between 30 and 40.  Then in [...]

Today I sold 2 AMD Apr09 3 Covered Calls for a net deposit of $16.50 in my taxable account.  My basis for these AMD shares is now 16.27. Again, this is another of the poor stocks left in my taxable account.  Much like ETFC, I looks like there will no longer be options offered after awhile.  [...]