Wednesday, April 6, 2011

C(NOTE) YOU LATER:

Never a dull moment in the DITM world. With the Ex-D date looming for AT&T and Verizon at April 6, I did a buy/write on March 23 using the October call for T and the July for VZ.
Overnite I was assigned on the T calls before my first dividend (of a possible 3) - net of commission I earned $100 for 2 weeks, for a 21.3% annualized return. VZ remains in the account.
Nice Telephone "CALL".

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