On 5/14/09, I BTC 2 S May09 5 Covered Calls at a net cost of $70.24.  My basis for these S shares is now 21.43. I BTC these shares and am sitting on the stock waiting for an opportunity to sell new Covered Calls at a higher strike price.  I am looking to increase my [...]

On 5/14/09, I BTC 2 BRCD 5 May09 Covered Calls and STO 2 BRCD Jun09 7 Covered Calls for a net cost of $180.99.  My basis for these BRCD shares is now 9.28. I’m a little behind documenting my trades.  This always seems to happen just around options expiration time.  I get busy, sometimes with my [...]

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 IRA accounts for a total of $103.80: Stock Shares Total Dividend Div per Share Basis per share [...]