On April 20 2009, I posted the following:
"Bought 2000 shares at 36.57, and wrote 20 May strike 34 calls at 3.40/contract. This gives me an intrinsic time value of .83/contract and a downside protection on the shares to 34! At 34, I'll be glad to be a proud holder, during which i will dollar-cost-average."
Today, I sold the shares at 37.86, and covered the calls at 4.40, for a gain of .30/contract