Today, 11/28/11, I sold 1 FCX Dec 3, 2011w $37 Covered Call for a net deposit of $29.24 in my taxable account.  My basis for these FCX shares is now $33.14.  This transaction represents a simple return of about .87% and an annualized return of about 79.70% on my prior basis. This is one of [...]

Today, 11/22/11, I sold 1 FCX Dec11 $41 Covered Call in an IRA Account for a net deposit of $26.24.  My basis for these FCX shares is now $39.07, excluding dividends received.  This transaction represents a simple return of about .67% and annualized return of about 9.73%. This is the next in a continuing series [...]

Today, 11/21/11, I sold 8 AA Dec11 $10.00 Covered Calls for a net option premium deposit of $169.91 in an IRA account.  My average basis for these AA shares is now 21.49, excluding dividends received.  This transaction represents a simple return of about .98% and an annualized return of about 14.29% on my prior basis, [...]