All of my June 2010 option contracts expired worthless last Friday.  I didn’t even roll any June contracts out.

 I had expected that my KFT Jun 30 would result in my KFT shares being called away because KFT closed Friday at 30.01.  I had understood that if the stock was 1 cent in the money it would automatically be called.  After about an hour on the phone or waiting for a call back from E*Trade it turns out that whoever was on the other side of the deal had entered a do not execute order which arbitrarily allowed me to keep the stock.  I would have been happy either way.  If I had been called away I would have sold July or August 30 Puts on KFT.  Since I still own it, I will now receive the dividend to be paid early in July and will also sell new Covered Calls on it.

 The expired options listed below represent a total of $1,861.90 in option premiums, some of which may have been rolled out from prior months.   Here are the summarized results:

Over the next few days I will sell and write about new Covered Call transactions for those stocks that show expired or assigned.