Covered Call Analyzer CONSERVATIVE "STOCKS-TO-CONSIDER"
for August, 2007
NOTE: We had temporarily suspended out get-out rule (at -15%) between July 25 and September 22, 2007 because of the volatility in the markets. We have reinstated the get-out rule effective September 22 (expiration weekend). Any open positions on any list or portfolio will be sold if their price drops 15% below the stock price at September 22.
|
Company Name |
Stock Symbol |
Stock Price |
# of shares |
Total Cost* |
Option Symbol |
Sep Option Bid Price |
Income from sale* |
Strike Price |
Projected return if Called after one month* |
Actual $ return* |
Actual % Return* |
BEAZER HOMES USA IN |
$11.09 |
800 |
$8,892 |
BHZIV |
$1.40 |
$1,098 |
12.5 |
25% |
($578) | -6% |
|
Comments: |
Not called in September. Price at $10.06on 9/22/2007. Will now sell Oct12.5 at $0.55. Exercised get-out price at $8.55 on September 25 after calling back calls at $0.05. |
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|
AMKOR TECHNOLOGY INC |
$10.69 |
900 |
$9,641 |
QELIV |
$0.40 |
$337 |
12.5 |
20% |
($274) | -3% | |
|
Comments: |
Not called in September. Price at $11.10 on 9/22/2007. Will now sell Oct12.5 at $0.25. Not called in October. Price at $11.36 on 10/20/2007. Will now sell Nov12.5 at $0.45. Exercised get-out price at $9.44 on November 8 after calling back calls at $0.05. |
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|
VALUECLICK INC. |
$19.45 |
500 |
$9,745 |
QCXIX |
$0.50 |
$233 |
22.5 |
18% |
+$1,895 | +19% | |
|
Comments: |
Not called in September. Price at $20.48on 9/22/2007. Will now sell Oct22.5 at $0.35. Called in October at $22.50. |
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|
CAL MAINE FOODS INC |
$15.58 |
600 |
$9,368 |
QKMIW |
$0.75 |
$431 |
17.5 |
17% |
+$1,563 | +17% | |
|
Comments: |
Called in September at $17.50. |
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|
GOLDCORP INC. |
$21.67 |
400 |
$8,688 |
GGIE |
$0.35 |
$124 |
25 |
16% |
+1,436 | +16% | |
|
Comments: |
Called in September at $25.00. |
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| COUNTRYWIDE FINANCIAL |
$21.43 |
400 |
$8,592 |
CFCIX |
$2.55 |
$1,004 |
22.5 |
16% |
($792) | -9% | |
|
Comments: |
Not called in September. Price at $19.61on 9/22/2007. Will now sell Oct22.5 at $0.40. Exercised Get-out price at $16.67 on October 18 after buying back calls at $0.05. |
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|
FOOT LOCKER INC. |
$15.28 |
600 |
$9,118 |
FLIW |
$0.25 |
$131 |
17.5 |
16% |
($460) | -5% | |
|
Comments: |
Not called in September. Price at $16.34on 9/22/2007. Will now sell Oct17.5 at $0.25. Not called in October. Price at $14.05 on 10/20/2007. Will now sell Nov15 at $0.30. Note that we have lowered the strike price. Exercised Get-out price at $13.89 on November 6 after buying back calls at $0.05. |
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|
IMMERSION CORPORATION |
$13.72 |
700 |
$9,624 |
IMUIC |
$0.90 |
$640 |
15 |
15% |
+$1,990 | +21% | |
|
Comments: |
Not called in September. Price at $14.72on 9/22/2007. Will now sell Oct15 at $0.75. Called in October at $15.00. |
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|
SEPRACOR INC. |
$26.48 |
300 |
$7,964 |
ERQIF |
$0.35 |
$91 |
30 |
14% |
($307) | -4% | |
|
Comments: |
Not called in September. Price at $28.47on 9/22/2007. Will now sell Oct30 at $1.10. Exercised Get-out price at $16.67 on October 19 after buying back calls at $0.05. |
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|
RANDGOLD RESOURCES |
$22.19 |
400 |
$8,896 |
GUDIE |
$0.25 |
$84 |
25 |
13% |
+$1,188 | +13$ | |
|
Comments: |
Called in September at $25.00. |
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|
Income from sale of calls is +$6,312. |
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|
All positions closed out in November. Cost of these ten (10) stocks is $90,598 Return from premiums and appreciation at +$5,662. Real return is +6.3% ($5,662/$90,598) |
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The stocks listed above are for illustrative and educational purposes only and should not be construed as an endorsement, recommendation, or solicitation to buy or sell any particular security.