This month I rolled out 2 BA Covered Call options that would have resulted in the stock being called away from me at a price less than my basis.  I also rolled out 1 FCX and 1 BP Put option contracts that would have resulted in stock being assigned to me at a price greater [...]

Today, 5/18/10, I BTC 1 BP May10 50 Put and STO 1 Jul10 49 Put for a net deposit of $53.54 in my taxable account.  My basis for these BP shares, if put to me, would now be 46.33, excluding trading costs. When I first sold the May10 50 Put I wrote the following: “I [...]

Many of the stocks that I own and write Covered Calls upon also pay dividends.  Dividends happen on a regular basis and add significantly to my annual investment income.  Year to date I have received a total of $2,781.34 in dividends in my various accounts for 2010.  My year to date average monthly dividends received [...]