Today, 1/31/12, I BTC 8 AA Apr12 10 Covered Calls and STO 8 AA Jan14 12.00 Covered Calls for a net option premium deposit of $475.87 in an IRA account.  My average basis for these AA shares is now 20.44, excluding dividends received.  These transactions represent a simple yield of about 2.83% and an annualized [...]

Today, 1/30/12, I sold 10 WFC Feb12 $31 Calls for a net deposit of $60.41 in 5 IRA Accounts and in my Taxable Account.  My new basis for these FCX varies from $30.36 to $30.71.  These transactions represents simple returns of about .10% to about .27% and annualized returns of about 2.11% to about 5.49% [...]

I have normally written about my end of month option results the Monday after option expiration.  However, as I find I am selling the weekly options more often I have delayed this post until after the last Friday of the month is past.  Weekly options are indicated by an appended “w” in the Call/Put column. [...]