Profitable Trade: Altria Group (MO) Covered Call....Again

Back to back I closed two Altria Group trades I had going in two different accounts. This one is in  a traditional IRA. The DOW was up huge...over 360. This follows my trend of closing out transactions on big up days and opening income transactions on big down days. The investment went as follows:

09/01/2011  10:28:40 Bought 200 MO @ 27.2695                                        -5,463.89

09/01/2011  10:30:16 Sold 2 MO Oct 22 2011 27.0 Call @ 0.8                          148.50

10/11/2011  03:58:13 QUALIFIED DIVIDEND (MO)                                            82.00

10/18/2011  13:42:00 Bought 2 MO Oct 22 2011 27.0 Call @ 0.67                  -145.52

10/18/2011  13:42:54 Sold 2 MO Nov 19 2011 27.0 Call @ 1.05                        198.47

11/11/2011  15:39:19 Bought 2 MO Nov 19 2011 27.0 Call @ 0.87                  -185.53 

11/11/2011  15:40:38 Sold 2 MO Jan 21 2012 27.0 Call @ 1.28                        244.47

11/30/2011   BTC 2 MO Jan 21 27 Calls @ 1.67                                              -345.53

11/30/2011   Sold 200 MO @ 28.47                                                              +5684.26

In this trade we made $217.23 in 3 months. This equates to ~4.1% return or 16.3% annual. This is another bread and butter enhanced income transaction on a great dividend company. In addition, by closing these transactions we increase our cash position to use when sentiment flip flops back toward fear.