On Tuesday, 9/22/09, I sold 2 PM Oct09 50 Covered Calls for a net deposit of $38.49 in an IRA account.  My basis for these PM shares is now 48.32, excluding dividends received. I do like it when my basis is below the strike price of the Covered Calls I write on the underlying stock.  [...]

On Tuesday, 2/22.09, I sold 2 VLO Dec09 25 Covered Calls for a net deposit of $46.49 in an IRA account.  My basis for these VLO shares is now 53.68, excluding dividends received. I am still having intermittent trouble getting access to this and other sites over the web so it is taking me longer [...]

On Tuesday, 9/22/09. I sold 4 FNM Mar10 3 Covered Calls for a net deposit of $74.98 in an IRA account.  My basis for these FNM shares is now 8.41, less dividends received. Of course, FNM is not currently paying a dividend but I suspect that it will again one day.  In the meantime, I [...]