Today I sold 2 BRCD Feb09 4 Covered Calls for a net deposit of $10.50 in my taxable account.  My basis for these BRCD shares is now 8.47. This is another of the poor stocks left in my taxable account.  At least with this one it looks like I will be able to continue to sell [...]

Today I sold 4 Jan10 ETFC 2.50 Covered Calls for a net deposit of $93.00 in my taxable account.  My basis for these ETFC shares is now 17.98. After the bath I took in my taxable account (to satisfy margin requirements) most of the stocks that I have left are pretty poor.  ETFC is one of [...]

Today I sold 2 BA Mar09 50 Covered Calls for a net deposit of $120.50 in an IRA account.  My basis for these BA shares is now 62.13. This transaction represents a 6.97% annualized return on my basis and a 9.59% annualized return on the closing price (43.01) today. BA paid a .40 dividend last quarter [...]