Covered Call Analyzer CONSERVATIVE "STOCKS-TO-CONSIDER"
for September, 2002
|
Company Name |
Stock Symbol |
Stock Price |
# of shares |
Total Cost* |
Option Symbol |
Nov Option Price |
Income from sale* |
Strike Price |
Projected return if Called after one month* |
Actual $ return* |
Actual % Return* |
Allegheny Energy | AYE | $13.99 | 700 | $9,813 | AYEJC | $1.85 | $1,275 | 15 | 20% | ($445) | 5% |
| Comments: |
Exercised get-out price at $11.89 after buying back calls at 0.33. |
||||||||||
| Pre-Paid Legal Svs. | PPD | $21.97 | 400 | $8,808 | PPDJE | $1.15 | $440 | 25 | 18% | +$2,172 | +25% |
| Comments: |
Not called. Will now sell Nov22.5 at 1.40. Called. |
||||||||||
| Int'l Rectifier |
IRF |
$16.01 |
600 |
$9,626 |
IRFJW |
$0.95 |
$550 |
17.5 |
15% |
+$1,884 |
+20% |
|
Comments: |
Not called. Will now sell Nov17.5 at0.80. Called. |
||||||||||
| Citigroup | C | $26.77 | 300 | $8,051 | CJF | $0.75 | $205 | 30 | 14% | +$1,154 | +14% |
| Comments: |
Called. |
||||||||||
| J. P. Morgan | JPM | $20.13 | 400 | $8,072 | JPMJX | $0.55 | $200 | 22.5 | 14% | +$1,628 | +17% |
| Comments: |
Not called. Will now sell Nov22.5 at 0.20. Not called. Will now sell Dec22.5 at 1.15. Called. |
||||||||||
| Duke Power |
DUK |
$20.31 | 400 | $8,144 | DUKJX | $0.60 | $220 | 22.5 | 13% | +$252 | +3% |
| Comments: |
Not called. Will now sell Nov22.5 at 0.20. Not called. Will now sell Dec 22.5 at 0.20. Not called. Sold all shares at $20.09 to close out position. |
||||||||||
| Schering- Plough |
SGP |
$22.86 | 400 | $9,164 | SGPJE | $0.45 | $280 | 25 | 12% | ($1,264) | -14% |
| Comments: |
Exercised get-out price at $19.43 after buying back calls at 0.08. |
||||||||||
| Baker Hughes | BHI | $27.25 | 300 | $8,195 | BHIJF | $0.70 | $190 | 30 | 12% | +$1.275 | +16% |
| Comments: |
Not called. Will now sell Nov30 at 1.00. Called. |
||||||||||
| MBNA Corp | KRB | $18.50 | 500 | $9,270 | KRBJD | $0.75 | $355 | 20 | 12% | +$1,715 | +19% |
| Comments: |
Not called. Will now sell Nov20 at 1.30. Called. |
||||||||||
| American Electric Power |
AEP |
$27.76 | 300 | $8,348 | AEPJF | $1.10 | $310 | 30 | 12% | ($1,061) | -13% |
| Comments: |
Exercised get-out price at $23.60 after buying back calls at 0.34. |
||||||||||
|
All positions closed out with portfolio value up +$7,312. |
|||||||||||
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.