Here are the results for the options that I still had outstanding when the markets closed on Friday, 8/15/08.  I had four Put assignments and 22 Calls across multiple accounts that expired allowing me to keep all of the option premium.  The 22 Calls are summarized by stock across accounts resulting in 16 stocks being represented in the following list.  I will begin to sell Calls on these stocks starting tomorrow.

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.

This morning I sold 2 DIVX Aug08 10 Covered Calls for $10.50 in my taxable account.  My basis is now 20.59 for these DIVX shares.

I have sat on these and DIVX shares in other accounts since their Mar08 calls expired.  There were a couple of reasons for my delay in selling new calls.  The first is that I was not sure (and am still not) where the stock price is going.  Right now. it appears that my 10 call options will expire worthless as I hope.  The second reason for my delay was that, for some reason not clearly explained to me, E*Trade was not allowing on-line option transactions on DIVX.  I could call, give the order to a representative, he would then get it approved and enter the order.  It was just too much trouble.

My goal with DIVX now is to chip away at my basis until I can sell the stock at a break even or better price.  I have 600 more DIVX shares in other accounts that I will be trying to sell options on in the next few days.