Today, Feb25, 2010, I sold 2 BVF Jul10 12.50 Puts for a net deposit of $98.46 in an IRA account.  My basis for these shares, if Put to me, will be 12.01. BVF does not have a stellar yield but it does currently return about 2.49%.  That is .09 per quarter and is down from .375 [...]

Yesterday, Feb 23, 2010, I sold 4 NLY Jul10 19 Covered Calls for a net deposit of $90.94 in an IRA account.  My basis for these NLY shares is now 17.42, excluding dividends received. I have been an owner of NLY shares for some time.  I had 400 shares called away in Dec09 at 17.50 [...]

Yesterday, Feb 23, 2010, I bought 200 shares of VZ at a net of 28.80 per share.  I then sold s VZ Apr10 30 Covered Calls for a net deposit of $36.46 in an IRA account.  My basis for these VZ shares is now 28.62. I have owned VZ in the past, sold Calls on [...]