Today, 7/29/10 I sold 1 ETFC Sep10 16 Covered Call for a net deposit of $20.21 in an IRA account.  My basis for these ETFC shares is now 157.60. Thomson Reuters rated ETFC as Under Perform on 7/27/10 while S&P has a 12 month price target of 16.00.  Market Edge Second Opinion has a price [...]

Today, 7/29/10 I sold 2 BRCD Sep10 5 Covered Calls for a net deposit of $42.46 in my taxable account.  My basis for these BRCD shares is now 9.99. Thomson Reuters rated BRCD as Under Perform on 7/27/10 while S&P has a 12 month price target of 5.50.  Market Edge Second Opinion has a price [...]

Many of the stocks that I own and write Covered Calls upon also pay dividends.  Dividends occur on a regular basis and add significantly to my annual investment income.  Year to date I have received a total of $3,942.65 in dividends in my various accounts for 2010.  My year to date average monthly dividends received [...]