Many of the stocks that I own and write Covered Calls upon also pay dividends.  Dividends happen on a regular basis and add significantly to my annual investment income. This week, I received the following dividends in various accounts for a total of $30.63: Stock Shares Total Dividend Div per Share Basis per share % [...]

Today I sold 10 FBR Jan10 2.50 Covered Calls for a net deposit of $34.50 in an IRA account.  My basis for these FBR stocks is now 9.15. I had placed several GTC 60 day orders a couple of weeks ago and was pleasantly surprised to see that another one hit today.  I don’t really expect [...]

Today I sold 5 GE Mar09 10 Puts for a net deposit of $224.25 across several IRA accounts.  If put to me my basis for these GE shares would be 9.56 or 9.55.  The penny difference is because the option bid went up .01 while I was making the various trades. I was looking around [...]