This morning I sold 6 DIVX Sep08 10 Covered Calls for a net deposit of $61.50 in 3 IRA accounts.  My basis for these DIVX shares now runs from 16.14 to 20.79.

Still chipping away on my basis for DIVX.  I really preferred to sell Aug08 calls so that I could react easier if DIVX started to run up above 10.  However, DIVX was down, along with the rest of the market, today so I needed to go out to Sept to get anything over .05 premium.

See my post yesterday for other thoughts on DIVX.