Covered Call Analyzer Conservative "STOCKS-TO-CONSIDER"     

  for June, 2006                                                                                    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*

True Religion Apparel

 TRLG $16.80 500 $8,420

ZJQGD

$0.35

 $158 20 21% +$1,920 +23%
Comments:

Not called in July. Price at $17.60 at 7/22/2006. Sold Aug20 at 0.40. Called in August.

Tom Online

TOMO

$19.00 500 $9,520 QWXGX

$0.40

 $183 22.5 20%

($2,292)

 -24%
Comments:

Not called in July. This stock tanked on July 7, going down to $12.89, well below our get-out price of $16.15. Following our rule for "tanked" stocks, we held the shares for on week, looking for a bounce. We sold all shares on July 14 at $14.05 (a little bounce).

Palm, Inc. PALM $17.15 500 $8,595 UPYGD

$0.35

 $158 20 18% ($1,085) -13%
Comments:

Exercised get-out price at $14.75 (-15%) on July 14 after buying back calls at 0.05.

Spectrum Brands

SPC

$13.19

700

$9,253

 SPCGC

$0.25

$155

15

15%

 ($1,287) -14%
Comments:

Exercised get-out price at $11.21 on July 11 after buying back calls at 0.05.

Taro Pharma

TARO

$11.26

800

$9,028

QTTGV

$0.50

$378

12.5

15%

+$1,928

+21%

Comments:

Not called in July. Price at $10.73 at 7/22/2006. Holding, waiting for better price. Price at $12.49 at 8/18/2006. Sold Sep12.5 at 0.75. Called in September at $12.50.
Western Digital Corp. WDC $17.72 500 $8,880 WDCGD

$0.30

 $133 20 14% +$1,525 +17%
Comments:

Not called in July. Price at $17.52 at 7/22/2006. Sold Aug20 at 0.25. Not called in August. Price at $18.06 at 8/18/2006.  Sold Sep17.5 at 0.15.  Not called in September. Price at $16.50 at 9/16/2006.  Holding waiting for a better call price.  Price at $17.61 at 10/21/2006. Will now sell Nov20 at 0.25.  Called in November at $20.00. 
W.R. Grace & Co. GRA $11.39 800 $9,132 GRAGV

$0.45

 $338 12.5 13% ($954) -10%
Comments:

Not called in July. Price at $9.94 at 7/22/2006. Sold Aug12.5 at 0.20. Exercised get-out price at $9.68 (-15%) on July 24 after buying back calls at 0.05.

Biovail Corp.

BVF

$22.63 400 $9,072 BVFGE

$0.60

 $224 25 13% ($2,088) -23%
Comments:

Not called in July. Price at $21.72 at 7/22/2006. Sold Aug25 at 0.50. Stock tanked on August 2. We held the stock for one week anticipating a bounce and then sold all shares at $16.34 on August 9. 

JLG Industries

JLG

$18.42

500

 $9,230

JLGGD

$0.65

$308

20

12%

 +$1,725 +19%
Comments:

Not called in July. Price at $17.30 at 7/22/2006. Sold Aug20 at 0.30. Not called in August. Price at $19.13 at 8/18/2006.  Sold Sep20 at 0.60.  Not called in September. Price at $18.38 at 9/16/2006.  Sold Oct20 at 0.50.  Called in October at $20.00. 

Sina Corp.

 SINA $22.91 400 $9,184 NOQGE

$0.55

 $204 25 11% +$1,348 +15%
Comments:

Not called in July. Price at $21.91 at 7/22/2006. Sold Aug25 at 0.50. Not called in August. Price at $23.66 at 8/18/2006.  Sold Sep25 at 0.40. Called in September at $25.00.

All positions closed out in November with value up +$741.

*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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