Today, 1/26/12, I bought 60 C at a net cost of $30.78 per share to increase my holdings to 100 shares.  I then sold 1 C Feb12 $32 Covered Call for a net deposit of $48.24 in an IRA account.  My basis for these C shares is now $33.27, excluding dividends received.  This transaction represents [...]

On Monday, 1/23/12, I sold 8S Jan13$4 Covered Calls for a net deposit of $73.92 in an IRA account.  My basis for these S shares is now 9.48.  This transaction represents a simple return of about .97% and an annualized return of about .97%, if held to expiration. Sprint has fallen off a cliff since [...]

On Monday, 1/23/12, I bought 100 shares of NVDA at $14.58 to add to and average down my existing 200 shares. I then sold 3 NVDA Jun 12 $18 Covered Calls for a net deposit of $115.72 in an IRA account.  My basis for these NVDA shares is now $21.59.  This transaction represents a simple [...]