Yesterday, 5/24/10, I sold 7 BAC Jun10 17 Calls for a net deposit of $138.65 in an IRA account.  My basis for these BAC shares is now 20.96. S&P has an improved 12 month target of $26 for BAC.  They had a target of only $22 in early April.  The stock closed today at $15.49, [...]

Yesterday 5/24/10, I sold 2 BMY Sep10 25 Calls for a net deposit of $124.46 an IRA account.  My basis for these BMY shares is now 23.83, excluding dividends received. I would prefer to have sold Jul10 Calls but I will be on vacation in Alaska when July options expire and I want to be [...]

Yesterday, 5/24/10, I sold 8 S Aug10 6 Calls for a net deposit of $175.89 in an IRA account.  My basis for these S shares is now 10.21. I now own 800 shares of Sprint after my 4 May10 5 Puts were assigned to me.  That assignment reduced my average basis to the current 10.21 [...]