On 3/23/09, I sold 2 BA May09 40 Covered Calls for a net deposit of $120.50 in an IRA account.  My basis for these BA shares is now 61.53, excluding dividends received. I see that BA has risen a bit since I sold these Calls.  At the time it appeared that the 40 strike might [...]

On 3/23/09, I sold 2 ACAS May09 2.50 Covered Calls for a net deposit of $20.50 in an IRA account.  My basis for these ACAS shares is now 22.02, excluding dividends received. Just like AA, I may have sold these Covered Calls either too early or too low.  It looks as if ACAS may exceed [...]

On 3/23/09, I sold 5 AA Apr09 7.50 Covered Calls for a net deposit of $338.25.  My basis for these AA shares is now 28.31, excluding dividends received. I sold the near month 7.50 strike believing that the price of aluminum was falling and that AA would probably fall along with it.  However, it seems [...]