Trade History:
- November 30th:
- Sold 5x DNDN Covered Call Strike 5.00, Limit 0.25, expiration January 19/2013
Gut Check:
- DNDN peeked up a *bit* because of good earnings news. It'll be awful if I get assigned, but if I don't do anything I won't make any money. Even if I did get assigned, the stock has been down for a long time and it's possibly unlikely it'll ever recover to what it was when I bought it. Anyway, we'll see what happens.
Trade History:
- Dividend of 9 cents per share ($9 per contract) on a total of 600 shares of CIM -- 0.23% ROI for December
- November 8th:
- Sold 8x RENN Covered Call Strike 4.00, Limit 0.10, expiration January 19/2013
- Sold 3x YPF Covered Call Strike 12.50, Limit 0.10, expiration January 19/2013
- January ROI will be about 0.34%.
Gut Check:
- Everything's down. Thinking of wiping the slate by selling everything and putting the money into dividend-paying stocks, but I'd never recover the loss. For now, selling what options I can. If I get assigned, it wouldn't be worse than selling right now.
- If either of the Calls get assigned, losses will finally be more than paper losses and will be pretty ugly.
