Volume is my concern too. There is not much trading in options, but today I was able to write covered call. Jan 06 $45 at $2.05 and tried to reduce my purchase costof JCOM stock. Currently I already own JCOM at $47.04. By writing covered calls repeatedly I am earning small premiums and thus reducing the cost of my original purchase. I hope when JCOM offers some volatility probably volume will increase. Jan 06 are expiring this coming Friday so volume in options will dry up but I think Feb 06 volume will pick up, if volatility increases. Lets hope for the best. Meanwhile fool around with this small gain.