Retirement Income

Stocks and Options

Currently browsing posts found in March2012


Alpha Natural Resources Inc (ANR) – Bought Stock – Sold Weekly Call

March 29th, 2012 at 10:00 am » Comments (0)

Yesterday, I bought 100 shares of ANR is each of two IRA accounts.  I then sold the March 30, 2012, weekly Covered Call for a net deposit of $11.24 in each account.  These transactions represent a simple return of about .55% and an annualized return of about 101.15% with 2 days left to expirations.  My [...]



Sold Options on C, F, BALT, TIE, VZ, YHOO

March 22nd, 2012 at 9:34 am » Comments (0)

I am a little behind reporting my option activity this week.  My Father-in-law is dying and we have been spending a lot of time at his house to be with and help care for him.  Consequently, I will only do a recap of those trades that I have been able to make this week. The [...]



Precision Drilling Trust (PDS) – Rolled Out Mar12 Calls

March 12th, 2012 at 11:16 am » Comments (0)

Today, 3/12/12, I BTC 5 PDS Sep11 $8 Covered Calls and STO 5 PDS Sep12 $8 Covered Calls for a net deposit of $69.36 of option premiums in an IRA account.  My basis for these PDS shares is now $18.55, excluding dividends received.  This transaction represents a simple return of about .74% and an annualized [...]