On 3/23/09, I sold 5 BP Apr09 45 Covered Calls for a new deposit of $238.25. My basis for these BP shares is now 62.22, excluding dividends received.
Even though I am underwater with these shares right now I really like BP for the dividends and option premiums. I consider them part of my core holdings and desire to keep them just as long as possible. They are my only play on oil right now which I think is something that everybody should have. Oil is down now but it just cannot remain so in the long run.