Covered Calls

[Joe Stocks]

New Port Position - TMA - 1000 shares at 1.55. Sold the April 2.50's for .45. Small speculative play. I think TMA main problems have lessened here with this mornings Fed actions. Protected down to 1.10. 29% return if 39 days from now at the April expiration if TMA is still here at 1.55. up to 93% return if TMA closes anywhere above 1.55 to the 2.50 strike.