Eaton Vance Tax-Advantaged Bond and Option Strategies Fund announced earnings results for the third quarter and nine months ended September 30, 2012. For the quarter, the company reported net investment income of $127,000 or $0.012 per common share compared to $149,000 or $0.014 per common share a year ago. Net realized and unrealized gains on investments was $5,510,000 or $0.531 per common share compared to net realized and unrealized losses on investments of $117,000 or $0.009 per common share a year ago. Net increase in net assets from operations was $5,637,000 or $0.543 per common share compared to $32,000 or $0.005 per common share a year ago.

For the nine months, the company reported net investment income of $296,000 or $0.028 per common share compared to $510,000 or $0.048 per common share a year ago. Net realized and unrealized gains on investments was $11,662,000 or $1.105 per common share compared to $15,489,000 or $1.467 per common share a year ago. Net increase in net assets from operations was $11,958,000 or $1.133 per common share compared to $15,999,000 or $1.515 per common share a year ago. The net asset value per common share on September 30, 2012 was $18.28 based on 10,556,552 common shares outstanding.