Covered Call Analyzer Conservative "STOCKS-TO-CONSIDER"     

  for July, 2002                                                                                    Close Window

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*
Pre-Paid Legal Svs. PPD $19.08 500 $9,560 PPDHF $0.65 $305 30 62% +$2,435 +25%
Comments:

Not called. Sold Sep30 at 0.85. Not called. Will now sell Oct30 at 0.25. Not called. Will now sell Nov20 at 2.40. Called.
AmeriCredit Corp. ACF $17.91 500 $8,975 ACFHE $0.55 $255 25 43% ($1,205) -13%
Comments:

Exercised get-out price at $15.22 after buying back calls at 0.19.
Pre-Paid Legal Svs.

PPD

$19.08

500

$9,560

PPDHE

$1.50

$730

25

40%

 +$6,310 +66%

Comments:

Not called. Sold Sep25 at 1.80. Not called. Will now sell Oct25 at 1.20. Not called. Will now sell Nov20 at 2.40. Called.
Tyco Intl. TYC $11.98 800 $9,604 TYCHC $1.75 $580 15 32% +$5,916 +62%
Comments:

We did not sell on the 143MM share day when the stock tanked, but held because the news was emotional, not factual. The price rebounded but was not called. Sold the Sep15 at 0.60. Not called. Will now sell Oct15 at 1.45. Not called. Will now sell Nov15 at 0.70. Called.
AmeriCredit Corp. ACF $17.91 500 $8,975 ACFHX $1.05 $505 22.5 32% ($995) -11%
Comments:

Exercised get-out price at $15.22 after buying back calls at 0.27.
Pre-Paid Legal PPD $19.08 800 $9,560 PPDHX $2.10 $1,030 22.5 30% +$5,835 +61%
Comments:

Not called. Sold Sep22.5 at 2.85. Not called. Will now sell Oct22.5 at 2.10. Not called. Will now sell Nov22.5 at 1.40. Called.
Scientific Atlanta SFA $13.14 700 $9,218 SFAHC $0.50 $330 15 18% +$249 +3%
Comments:

Not called. Sold Sep15 at 0.60. Not called. Will now sell Oct15 at 0.40. Not called. Will now sell Nov15 at 0.15. Not called. Sold all shares at $11.96 to close out position.
Brystol-Myers Squibb BMY $22.13 400 $8,988 BMYHY $0.70 $260 27.5 17% +$1,008 +11%
Comments:

Not called. Sold Sep12.5 at 1.60. Called.
Duke Power DUK $22.42 400 $8,988 DUKHE $1.05 $400 25 16% ($1,117) -12%
Comments:

Exercised get-out price at $19.06 after buying back calls at 0.38.
Cedant Corp. CD $13.68 700 $9,596 CDHC $0.65 $435 15 14% +$221 +2%
Comments:

Not called. Sold Sep 15 at 1.10. Not called. Will now sell Oct15 at 0.30. Not called. Will now sell Nov15 at 0.15.  Not called. Sold all shares at $11.91 to close out position.

All positions closed out with portfolio value up +$18,659.

*After the effect of all commissions.

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.

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