3/24/2009 ACTIVE TRADES UPDATED

GLD: Opened 02/26/09
Buy to Open 3 OQAAV Net Debit ($19.62) GLD Jan 100 Call 2011
Sell to Open 3 GLDCV Net Credit $1.02 GLD Mar 100 Call
Cost basis ($18.60)
March contract expired. Selling April call closer to current price of $90 since $100 call is only $0.50
Sell to open 3 contracts April $95 call Net Debit ($1.50) GLD Apr 95 Call
Cost basis ($17.10) = ($18.60)-$1.50

SA - Seabridge Gold Buy 500 shares at $14.00 Seabridge Gold Inc Com
Sell to Open 5 SACC $1.50 Cost basis ($12.50) =($14.00 - $1.50)
Buy to Close 5 SACC Net Credit $2.61 SA Mar 15 Call
Sell to Open 5 SADC Net Credit $3.21 SA Apr 15 Call
Cost basis = ($11.90) = ($12.50 - $0.60)

For some reason, someone exercised their option and I got assigned my April $15 call one month early. Hey, I'll take the one month premium anytime. So I collected two months of premium along with gaining $1.00 per share in equity. Original purchase price at $14. Had to sell at $15 ($15-$14 = $1) and my monthly premium from selling the contracts was $2.10.