Retirement Income

Stocks and Options

Currently browsing posts found in October2011


Freeport-McMoRan (FCX) – Bought Stock – Sold Nov 4, 2011 Weekly Call

October 31st, 2011 at 10:51 am » Comments (0)

Today, 10/31/11, I bought 100 FCX and sold 1 FCX November 4, 2011w $41.00 Covered Call for a net deposit of $99.24 in an IRA account.  My basis for these FCX shares is now $40.15.  This transaction represents a simple return of about 2.41% and about 220.16% annualized on my prior basis with 4 days [...]



Freeport-McMoRan (FCX) – Rolled Out and Up May12 Call

October 27th, 2011 at 9:57 am » Comments (0)

Today, 10/27/11, I BTC 2 FCX May12 $36 Covered Calls and STO 2 Jan14 40 Covered Calls for a net deposit of $106.94 in an IRA account.  My basis for these FCX shares is now 37.60, excluding dividends received.  These option transactions represents a simple return of about 1.40% and about .63% annualized on my [...]



Freeport-McMoRan (FCX) – Rolled Out and Up Jan12 Call

October 26th, 2011 at 12:30 pm » Comments (0)

  Today, 10/26/11, I BTC 1 FCX Jan12 $38 Covered Call and STO 1 FCX Jan13 $40 Covered Call for a net deposit of $283.48 in an IRA account.  My basis for these FCX shares is now $48.27, less dividends received.  This transaction represents a simple return of about 5.53% and about 23.19% annualized on [...]