Today, 12/31/10, I Sold 1 MO Jan11 25 Put for a net deposit of $41.22 in an IRA account.  My basis for these MO shares would be 24.33 plus transaction costs if Put to me.  These transactions yield a simple return on my potential assigned price of about 1.64% and an annualized return of about [...]

Yesterday, 12/29/10, I sold 2 SLE Jan11 17.50 Puts for a net deposit of $78.47 in an IRA account.  My basis for these SLE shares, if put to me, would be 17.11, plus trading costs. This option trade produces about a 2.23% simple return and about a 33.98% annualized return on the potential assigned cost.  [...]

Yesterday 12/29/10, I purchased 100 shares of PGF at a net cost of $1,759.96 in an IRA account.  I combined these shares with an existing 200 shares held in this account to reduce my basis for the entire lot to $17.84  At the current dividend PGF is yielding over 9% with its monthly dividends.  The [...]