This post will catch me up to date with my trades and account activities.

I was assigned 2 NVDA contracts and 1 FCX contract.  They are both in IRA accounts and are close to the strike price.  I will sell calls on both on Monday.

I will probably sell calls close to the money on NVDA, mostly because it doesn’t pay any dividends and I prefer to hold and write calls on stocks that pay dividends.  It is also a chip stock and I am a little nervous about chip stocks.

FCX pays a dividend.  In fact, they have often paid special extra dividends.  It is also a gold and copper play and has a very good premium.  The stock closed Friday just over $100.  I will sell a Dec call on Monday morning, probably the $110 strike price which has a bid of 3.10 right now.  That would give me a nice return for a month if the call expires and an additional $1000 if I am called away.

I also had puts expire for the following(strike price): APOL($70), FCX($90), ACI($30).

I had calls expire for the following(strike price): KFT($35), S($20), GGC($20), FBR($5).  I will sell calls again on these stocks on Monday.