On 12/2/09, I bought 100 shares of S at a net of 3.85 and sold 4 S May10 5 Covered Calls for a net deposit on the Calls of $114.98 in an IRA account.  My average basis for the S shares is now 16.59. I bought the 100 shares to average down my basis for [...]

On 12/2/09, I sold 2 VLO Dec09 17 Covered Calls for a net deposit of $18.49 in an IRA account.  My basis for these VLO shares is now 16.64. I acquired these VLO shares from a Nov Put assignment at $17.  I originally sold the Nov Put with the idea that I would take an [...]

On 12/2/09, I sold 2 DF Jan10 17.50 Covered Calls for a net deposit of $40.49 in an IRA account.  My basis for these DF shares is now 31.44. Clearly I do not want DF called away from me at this point as I am well underwater on it.  That accounts for my selling a [...]