On 1/19/10, I sold 4 YHOO Mar10 18 Covered Calls for a net deposit of $78.94 in an IRA account.  My basis for these YHOO shares is now 20.13.

Here I am, late writing about my transactions again.  Life just seems to get in the way.  I have several more transactions that I need to write about.  Maybe I can get them done tonight.

I don’t know that I have much to say about my YHOO shares.  They are not part of my core holding because they are not paying dividends.  On the other hand, making .20 every couple of months is making my own dividend.  At my basis that works out to about 6% annualized – a good dividend but not really at the level I would like to achieve which is 10% or greater.  I’m not there yet for my portfolio partly because of stocks like YHOO in my portfolio.  On the other hand, my return tends to be increasing because my basis continues to decrease.