Company Name

Stock Symbol

Stock Price

# of shares

Total Cost*

 Option Symbol

 Sep Option Price

Income from sale*

Strike Price

Projected return if Called after one month*

Actual 

$ 

return*

Actual 

% 

Return*

Books-a-Million

QMCIV

$0..625

Not called in September. Sold Oct12.5 at $0.50. Not called in October. Sold Nov12.5 at $0.3125. Not called November. Sold Dec12.5 at $0.50. Not called in December. Sold Jan12.5 at $0.75. Not called. Sold Feb10 at $0.25. note that we dropped the strike price to 10. Not called February. Sold Mar10 at $0.25. Not called in March. Sold Apr7.5 at $0.5625. note that we dropped the strike price to 7.5 Not called in April. Purchased similar number of shares at $4.6875, bringing average price down to $7.46875. Sold May7.5 at $0.25. Not called. Holding. Sold Jul7.5 at $0.375. Not called in July. Sold all shares at $4.25 to close out position.

Drug Emporium

DEMP

$0.4375

Not called in September. Sold Oct10 at $0.25. Not called October. Bought similar amount of shares (1100 more) at $4.875 averaging price down to $6.69. Sold Nov7.5 at $0.25. Not called in November. Sold Dec 7.5 at $0.25. Not called in December. Sold Jan7.5 at $0.5625. Not called in January. Holding. Sold Apr5 at $0.4375. Not called in April. Bought similar number of shares (2200 more) at $1.9375, bringing average price down to $4.31375. Sold May5 at $0.25. Holding. Sold all shares at $1.50.

NBTY Inc.

$0.4375

Not called in September. Sold Oct10 at $0.50. Not called in November. Sold Dec10 at $0.375. Called in December at $10.00. 

Take Two

TTWO

$8.8125

1100

$9,789

$0.5625

$619

10

19%

Called in September at $10.00.

RIGS

$20.00

400

$8,095

RNQIX

$1.3125

$525

22.5

18%

($1,225)

-15%

Comments:

Not called in September. Sold Oct 22.5 at $0.50. Not called in October. Sold Nov22.5 at $0.375. Not called in November.  Sold Dec20 at $0.25.  note that we lowered the strike price. Not called in December. Sold Jan17.5 at $0.25. Note that we lowered the strike price. Not called in January. Holding. Sold Apr15 at $0.50. Note that we have lowered the strike price again. Not called in April. Sold May15 at $0.25. Not called in May. Sold Jun15 at $0.50. Not called in June. Sold Jul 15 at $0.50. Not called in July. Sold all shares at $12.75 to close out position.

Genesco

$0.8125

Called in September at $12.50.

$0.6875

Called in September at $12.50.

GISX

$1.00

Not called in September. Sold Oct20 at $0.8125. Not called in October. Sold Nov20 at $0.50. Not called in November. Sold Dec20 at $0.625. Not called in December. Sold Jan17.5 at $0.50. Note that we have lowered the strike price. Not called in January. Holding. Sold Mar10 at $0.375. Note that we have lowered the strike price. Not called in March.  Sold Apr10 at $0.50. Not called April. Bought similar number of shares at $6.0625, bringing average price down to $12.375. Sold May10 at $0.25. Not called in May. Sold Jun10 at $0.50. Not called in June. Sold Jul12.5 at $0.25. Not called in July. Sold all shares at $8.50 to close out position.

Nochols Resources

NRES

400

QNNIX

$1.00

$400

22.5

9%

Called in September at $22.50.

$0.8125

Not called. Sold Oct10 at 13/16. Not called. Sold Nov10 at 1/2. Not called. Sold Dec10 at 1/8. Not called. Sold Feb7.5 at 1. Note that we have lowered the strike price. Not called. Sold Mar7.5 at 1/2. Not called. Sold Apr7.5 at 1/4. Not called. Bought similar number of shares at 3 7/8, bringing average price down to 6.84375. Holding. Sold all shares at $1.50.

All positions closed out with value down ($9,099).