Today I sold 2 MEE Mayo9 Covered Calls for a net deposit of $60.50 in an IRA account.  My basis for these MEE share is now 28.35, excluding dividends received. MEE does pay a dividend but it is only .06 per share, up from .05 per share two quarters back.  That equates to about 2% [...]

Today I sold 2 ANH Oct09 7.50 Covered Calls for a net deposit of $20.50 in an IRA account.  My basis for these shares is now 13.90, excluding dividends received. ANH continues to pay a quarterly dividend.  On April 13, they set the most recent dividend at .30.  ANH has anticipated that 2009 will be [...]

Today I sold 8 ETFC Oct09 5 Covered Calls for a net deposit of $186.00 in an IRA account.  My basis for these ETFC shares is now 17.17. I would like to add that my basis is excluding dividends but, as you may know, ETFC does not pay a dividend.  A few years ago I [...]