I'll bite currently I have options on GE and BAC.
GE I have sold calls set for Jan 2012 with a strike price of 17.50
GE I have a small amount that I am using to sell puts with a strike price of 16 that I keep issuing for a 1 month time frame. So far I have sold these for the past several months.
BAC I have sold calls set for Jan 2012 with a strike price of 15.00
my target yield on the option is 10% initial return. This does not include a strike price at a profit or dividends that could be collected from these companies until the option is exercised.
If called that R0I is at a minimum of a low 20% return to 27% from original purchase price.
I asked a question of the gold bugs in HH about why none of them write options on Gold? I am actually considering buying a couple of 2012 contracts with a reasonable strike price. Since God has been performing at 20% for the last couple of years, and I have been reading some trusted sources on predictions of it not slowing I am considering this route.
I am long on brazil, china, and India for foreign growth. I am also a big fan of dividend investing in local US companies.
So you can see where my speculating investing is as well as my longterm view.