Today, I sold 2 ACAS Aug09 5 Covered Calls for a net deposit of $10.49 in an IRA account.  My basis for these ACAS shares is now 23.55, excluding dividends received. ACAS declared a dividend of 1.07 per share, payable on Aug 7.  Apparently the dividend was declared in order for the company to maintain its [...]

Today I sold 2 AMD Oct09 5 Covered Calls for a net deposit of $42.49 in my taxable account.  My basis for these AMD shares is now 16.46. I went out to Oct09 this time to be able to get a little extra premium.  I also sold the $5 strike price knowing that I may [...]

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. Today week, I received the following dividends in my taxable account and an IRA account for a total of $5.36: Stock Shares Total Dividend Div per [...]