Closing my naked puts for a nice big profit

Closed my AUYVL (Yumana Gold $9 puts) for a 50% gain.

Out of cyclical and high beta names

Sold remainder of VMW, UNP and SU positions for -45% ($29), +12% ($6), and -13% ($5) respectively.

I am Worried about another deflationary bout this fall, and these positions would fall much more rapidly than other, less sensitive names.

More Gold

Adding to my Yumana Gold (AUY) positions in seveal accounts. Average price today: $9.60

Buy & Sell

Sold Ford (F) down to just 100 shares. Up 40% on the ones I sold.

Bought some Sara Lee (SLE) @ 9.94. Solid, dividend food stock (4.49% yield) with a trailing Price/Earnings ratio of 18.99 (hardly frothy). I like this for $12-$14 in a few years.

Writing Puts

I know, I know. Before the plunge. But I like the prices I got:

Yumana Gold (AUY) Oct 9 Put @ 0.65
Coca-Cola (KO) Nov 45 Put @ .78
Wal-Mart (WMT) Dec 47.5 Put @ 1

More yield

Bought Tennessee Valley Authority (TVA) 2042 (yes 2042) 8.25% bonds in my IRA. If you can beat that yield with the explicit government guarantee, be my guest.

Bought 2012 1.7% US Treasury Bonds in another IRA.

Buying yield

Bought some ultra-safe MSFT bonds @ 2.95% and some EXELEON @ 3.45%. Zero chance of default on MSFT, and in the utility space, recoveries are high in any potential bankruptcy (which I compute at nearly a 0.02% chance of occuring). I hedged my inflation/interest rate risk using LINE, a great master limited oil partnership.