Today I sold Covered Calls as follows. All sales were in IRA accounts.
4 Jun09 YHOO 17 for a net deposit of $101.00. My basis is now 21.56 for these YHOO shares.
2 Jun09 RYL 23 for a net deposit of $90.50. My basis is now 33.59 for these RYL shares.
2 Jun09 MEE 25 for a net deposit of 120.50. My basis is now 34.09 for these MEE shares.
2 MO Jul09 18 for a net deposit of $18.50. My basis is now 36.04 for these MO shares.
2 DSX Jun09 17.50 for a net deposit of $120.50. My basis is now 34.03 for these DSX shares.
1 FCX Jun09 60 for a net deposit of $68.25. My basis is now 92.23 for these FCX shares.
The market was up over 100 today and then fell to close down about 53. I was able to sell these Covered Calls earlier in the day when the market was up and these stocks were also up. The only ones that closed up were MEE and FCX.
As you know, I normally have a little more to say about my trades but as I noted in a post earlier today I am getting ready for my youngest son’s wedding. Actually, at this point most of the getting ready is done, but I am leaving for Scottsdale, AZ in just a few minutes. That is where the wedding is taking place.