Made it my pick for the month. I usually buy a bunch of stock in a company and sell calls at the dollar amount it's trading at so I bought at $26.17 and sold the Jan. $26 calls. Hopefully the stock closes just about $26 so I collect my premium plus the dividend.
Actually selling puts out to June 11 and laddering the position at $25 and moving up $1 intervals to $30. This way, collect the premium up front and if on expiration I get put the stock I am comfortable with a net cost of around $24 a share. Seems to be working well in this market as I have closed out positions on strength and the reopened postions in weakness.