I sold 2 AMZN Nov08 65 Covered Calls on 10/20/08 for a net deposit of $212.50 in an IRA account. My basis for AMZN is now 60.43.
Even though AMZN does not pay a dividend it is one that I will probably try to hold onto just for the option income. Even now, I could BTC my Nov08 65 Calls and roll out and up to Jan09 70 for a positive deposit. That kind of option premium is worth hanging onto, especially because each trade continue to reduce my basis and provide some greater flexibility.