These are my thoughts and opinions on many topics. My passions are the stock market and helping abandoned and orphaned animals. In this world, it seems most things don't make much sense to me anymore. This is my feeble attempt to share all of the above. The blogs will include items that might make you shake my head as well as give you my take on why they happen. Enjoy.

Saturday, May 22, 2010

Covered Call Scoreboard - May 2010

In my fourth month of writing covered calls against the stocks that I own I have been able to grab another 3/4% of income for my portfolio. They have all just expired on midnight Friday.

The covered calls include:
MO $22 strike
T $27 strike
WFMI $40 strike
COST $62.5 strike

For the four months of covered calls that I have written, I have been able to obtain nearly 3% of income for my portfolio. I expect that for the year, I should be able to obtain 10% from covered call positions alone.

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