Some historical examples of long term covered calls for income

Fields: Symbol, Date Option Sold, Stock price when option sold, Expected Dividends, Strike Price, Premium received, Annualized return if called.

Syb DtOptSld SPwos Divi. Exp Date StrPrc OptPr ARIC

ABT 11/23/09 53.80 $1.60 1/22/2011 $65.00 $1.42 22.9%

DEO 10/19/10 72.93 $ .95 4/16/2011 $80.00 $1.10 27.6%

JNJ 12/ 4/09 64.90 $1.96 1/22/2011 $75.00 $1.26 18.2%

MSFT 10/23/09 29.00 $.65 1/22/2011 $35.00 $1.00 21.3%


USB 10/22/09 25.05 $.45 1/21/2012 $35.00 $2.64* 20.9%

* NOTE: Originally sold 1/22/2011 $30 for $2.12 (closed for $.07) but rolled this to 1/21/2012 on 12/16/2010. New option for $.69 with $35 strike.