On 11/24/09, I BTC 2 MO Dec09 19 Covered Calls and STO 2 MO Jan11 20 Covered Calls for a net deposit of $64.99 in an IRA account.  My basis for these MO shares is now 35.48, excluding dividends received. I am underwater so, of course, do not want these MO shares called away.  Beyond [...]

On 11/24/09, I sold 2 PM Mar10 55 Covered Calls for a net deposit of $128.49 in an IRA account.  My basis for these PM shares is now 46.94, excluding dividends received. I like PM for the dividends and for the options premiums that I collect.  I went out to Mar10 for the current Calls [...]

On 11/24/09, I sold 6 NYX Mar10 30 Covered Calls for a net deposit of $369.48 in an IRA account.  My average basis for these NYX shares is now 68.53, excluding dividends received. When I first acquired 200 NYX through a Put option assignment in March, 2007 it was not paying dividends.   However, it did [...]