Today, 5/21/12, I sold 4 HPQ Nov12 $29 Covered Calls for a net deposit of $96.94 in an IRA account.  My basis for these HPQ shares is now $27.95.  This transaction represents a simple return of about .86% and an annualized return of about 1.74% on my prior basis with 180 days to expiration. I [...]

Today, 5/21/12, I sold 1 FCX Jul12 $39 Covered Call in my taxable Account for a net deposit of $12.24.  My basis for these FCX shares is now $37.19.  This transaction represents a simple return of about .33% and annualized return of about 1.96%. This is the next in a continuing series of Covered Call [...]

Today, 5/21/12, I sold 3 Jun12 $14 Covered Calls for a net deposit of $43.73 in an IRA account.  This transaction represents a simple return of about .94% and an annualized return of about 13.23% with 26 days left to expiration.  My basis for these ANR shares in is now $15.28. I wanted to sell [...]