I rolled out my MO Dec 75 Calls to March and rolled out and up my KFT Dec 32.50 Calls to Jun 35 Calls.  Both these were in one of my IRA accounts.

These 2 transactions did not net me very much ($282.01 together) but I own the MO for about $85 so did not want them called away yet plus it pays just a little over 4% in dividends.  I would have liked to roll the MO up but would have needed to go out to Jan 09 and did not want to go that far out.  I would normally have waited until closer to expiration but was afraid that somebody would call the MO away to capture the dividends.  That has happened to me before.

I rolled the KFT out and up to hopefully capture some additional money at the slightly higher strike price.  I will probably let it go if it gets called at the $35 strike price.