Today, 5/8/12, I BTC 9 BAC Jul12 $10.00 Covered Calls and STO 9 Jan12 $9.00 Covered Calls for a net deposit of $77.29 in an IRA account.  My basis for these BAC shares is now $15.66, excluding dividends received.  This transaction represents a simple return of about .55% and an annualized return of about 2.66% [...]

Today, 5/8/12, I BTC 2 ANR Jan13 $25 Covered Calls and STO 2 ANR Dec12 $20 Covered Calls for a net deposit of $78.97 in an IRA account.  My basis for these ANR shares is now $23.62.  These transactions provide a simple return of about 1.64% and an annualized return of about 2.62% on my [...]

Today, 5/7/12, I sold 2 May12 $16 Covered Calls for a net deposit of $55.73 in an IRA account.  This transaction represents a simple return of about 1.19% and an annualized return of about 36.15% with 12 days left to expiration.  My basis for these ANR shares in is now $15.43. The weekly Covered Calls [...]