I wrote this yesterday but could not post it then due to some issues on my server.  Today, the market is recovering some and at least one (BAC) of my Covered Calls is again in the money while the two that I thought might fall out of the money (BMY and RYL) have moved up again. Well, [...]

Today I STO 5 BAC Aug09 17 Covered Calls for a net deposit of $96.23 in an IRA account.  Last week, on 8/5/09, I BTC 5 BAC Aug09 14 Covered Calls at a net cost of $1238.76.  My net cost for the two transaction is $1142.53.  My basis for these BAC share is now 23.73, [...]

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. Yesterday I received the following dividends in an IRA account for a total of $214.00: Stock Shares Total Dividend Div per Share Basis per share % [...]