I sold 9 FBR Jun08 5 Calls for $112.25 in two IRA accounts today. My basis is now 9.49 and 9.55 in the two accounts.
The charts and watching the daily activity suggested to me that FBR was going to head up a little. I placed limit orders at .15 for these calls early last week when the bid was only at .10. I got filled today just before the market closed. I still have an outstanding limit order for 19 contracts in another IRA account.