Sold BR puts

I sold $22.50 strike Sept 2010 puts on BR. My premium was $1.25 per share.

So, my premium was $1.25 per share, with $22.50 put aside to secure the put. That gives me a 5.55% return on the cash set aside. The cash will be unavailable until September, which is 4.8 months away. So my return is 5.55%/4.8 months or 1.16% per month.

I may buy calls on BR later. Unfortunately, LEAPs (which I prefer to buy in ordinary circumstances) are unavailable for this stock.

Bought FPL

Put 5% of my portfolio in FPL at $49.50. I'm buying now in anticipation of the quarterly numbers. I waffled for awhile between buying LEAPs on the stock, trying to get it with puts, or buying it outright. The dividend (around 4%) tipped the scale.

Bought ROIC, Sold LNN puts

I put 0.4% of my portfolio in the optimistically acronymed ROIC at $10.25.

I also sold September $35 strike puts on LNN for $2.25 each. If the shares are put to me, I will have approximately 5% of my portfolio in LNN, at a net buy price of $32.75.