Covered Call Analyzer CONSERVATIVE "STOCKS-TO-CONSIDER"    

  for May, 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*

Martek Biosciences

 MATK $23.79 400 $9,536

KQTFF

$0.35

 $124 30 27% +$2,208 +23%
Comments:

Not called in June. Price at $29.48. Sold Jul30 at 1.95. Not called in July. Price at $26.21 on 7/22/2006. Sold Aug30 at 0.35. Not called in August. Price at $28.63 on 8/18/2006. Sold Sep30 at 1.10. Not called in September. Price at $21.87 on 9/16/2006. Sold Oct25 at 0.25. Note that we have lowered the strike price to 25 since is still above the original purchase price.  Not called in October. Price at $23.64 on 10/21/2006. Will now sell Nov25 at 0.60. Called in November at $25.00.

Randgold Resources

GOLD

$20.01 400 $8,024 GUDFX

$0.55

 $204 22.5 15% ($1,032) -16%
Comments:

Exercised get-out price at $17.01 on Jun 13 after buying back calls at 0.05.

Energy Partners, LTD EPL $22.73 400 $9,112 EPLFE

$0.35

 $124 25 11% ($1,276) -14%
Comments:

Exercised get-out price at $19.32 on Jun 9 after buying back calls at 0.05.

Spectrum Brands

SPC

$16.00

600

$9,620

 SPCFW

$0.30

$161

17.5

11%

 ($1,328) -14%
Comments:

Exercised get-out price at $13.60 on Jun 14 after buying back calls at 0.05.

Sonic Solutions

SNIC

$16.50

600

$9,920

QNIFW

$0.70

$401

17.5

10%

($1,051) -11%

Comments:

Not called. Held through June waiting for better call price. Exercised get-out price at $14.03 on July 20 - there were no calls to buy back.
Chicago Bridge & Iron CBI $23.34 400 $9,356 CBIFE

$0.70

 $264 25 10% +$1,276 +14%
Comments:

Not called in June. Price at $23.12. Sold Jul25 at 0.65. Not called in July. Price at $23.00 on 7/22/2006. Sold Aug25 at 0.35 Called in August. 
Payless Shoesource PSS $20.87 400 $8,368 PSSFX

$0.40

 $144 22.5 9% +$776 +9%
Comments:

Called in June at $25.00.

Iris International

IRIS

$14.40 600 $8,660 JGUFC

$0.60

 $341 15 8% ($1,029) -12%
Comments:

Not called in June. Price at $12.99. Sold Jul15 at 0.15. Exercised get-out price at $12.08 on July 18 after buying back calls at 0.05.

Shanda Interactive

SNDA

$14.32

600

 $8,612

QKUFC

$0.50

$281

15

8%

 +$931 +11%
Comments:

Not called in June. Price at $13.13. Sold Jul15 at 0.20. Not called in July. Price at $13.26 on 7/22/2006. Sold Aug15 at 0.30. Called in August. 

AGCO Corp.

 AG $23.67 400 $9,488 AGFE

$0.50

 $184 25 7% +$760 +8%
Comments:

Not called in June. Price at $21.96.Sold Jul25 at 0.20. Called in July at $25.00.

All positions closed in November out with portfolio value up +$206.
*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.

top