Today, 8/23/11, I sold 4 ZQK Feb12 $5 Covered Calls for a net deposit of $106.97 in my taxable account.  My basis for these ZQK shares is now $9.00.  This transaction represents a simple return of about 2.89% and an annualized return of about 5.76% on my basis if held to expiration. I don’t have [...]

Today, 8/22/11, I sold 1 ZQK Feb11 3 Put for a net deposit of $34.24 in my taxable account.  My basis for these ZQK shares, if Put to me, would be about 2.66.  This transaction represents a simple return of about 12.87% and an annualized return of about 25.66% on my basis. I don’t have [...]

Today, 8/22/11, I sold 1 FCX Sep11 48 Covered Call for a net deposit of $34.24 in an IRA account.  My basis for these FCX shares is now $52.66.  This transaction represents a simple return of about 1.97% and about 11.21% annualized on my prior basis. This is another of those stocks that I am [...]