Today, 9/2/10 I BTC 2 BRCD Sep10 5 Covered Calls and STO 2 Jan11 5 Covered Calls for a net deposit of $32.95 in my taxable account.  My basis for these BRCD shares is now 9.82.  This transaction represents a simple return of 1.15% and an annualized return of 2.97% on my basis. Thomson Reuters [...]

Many of the stocks that I own and write Covered Calls upon also pay dividends.  Dividends occur on a regular basis and add significantly to my annual investment income.  Year to date I have received a total of $4,542.64 in dividends in my various accounts for 2010.  My year to date average monthly dividends received [...]

Today, 8/27/10, I sold 4 VLO Oct10 18 Covered Calls for a net deposit of $82.92 in an IRA account.  My basis for these VLO shares is now 34.07, excluding dividends received.  This transaction represents a simple return of about .61% and an annualized return of about 4.48% on my basis. S&P currently has reduced [...]