Starting on Covered Calls

Hello.  I wanted to do an investing/trading study and wanted someplace to post my results.  This is where it will be.  I'm going to be doing covered calls in a real money account and I will track the results here.  Every week I will take a position and post it here.  Every month I will sum up how well the account has done, or how bad it has done.  The account will start with $9700 with margin.  I will only use margin to buy enough shares to accomplish my goal for the week.  My goal to start is to make between $200-300 every week.  All commissions and assignment fees will be included in the numbers.

I will be buying high beta stocks with weekly options to achieve my goal.  The 3 stocks I will focus on are GMCR, FSLR, and IDCC.

I actually started this past week, August 13.

8/13/12  Bought 300 shares of GMCR @ $24.05.  Total investment of $7224.99.
8/13/12  Sold 3 $24 call options @ $0.70 for a total credit of $197.80.
8/14/12  Bought 200 shares of FSLR @ $20.10.  Total investment of $4029.99.
8/14/12  Sold 2 $20 call options @ .60 for a total credit of $108.55.