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 tax [...]

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 need [...]

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 Share

Basis per share

% on Basis

Annual [...]