Today I sold 3 S Nov09 6 Covered Calls for a net deposit of $17.73 in an IRA account.  My basis for these S shares is now 21.22, excluding dividends received. What do I say about Sprint?  I just continue to hold them for the paltry options premium I occasionally receive.  I suspect that one [...]

Today I sold 6 BVF Jan10 15 Covered Calls for a net deposit of $455.47 in two IRA accounts, 4 in one and 2 in the other.  My basis for these BVF shares is now $14.60 and $18.45, respectively, excluding dividends received. That sounds better than it actually is though.  Back on Jul 27, I [...]

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 I received the following dividends in five IRA accounts for a total of $340.00: Stock Shares Total Dividend Div per Share Basis per share % [...]