Covered Call Analyzer AGGRESSIVE "STOCKS-TO-CONSIDER"    

  for December, 2004

Close Window

Company Name

Stock Symbol

Stock Price

# of shares

Total Cost*

 Option Symbol

 Jan Option Price

Income from sale*

Strike Price

Projected return if Called after one month*

Actual 

$ 

return*

Actual 

% 

Return*
Cyberonics, Inc. CYBX $20.82 400 $8,348 QAJAE $1.20 $460 25 25% +$1,972 +25%
Comments:

Not called. Sold all shares at $24.60 to close out position.
Rambus, Inc. RMBS $25.26 300 $7,598 BNQAF $1.65 $475 30 24% ($808) -11%
Comments:

Exercised get-out price at $21.47 after buying back calls at 0.42.
Vimpel-Comm VIP $29.51 300 $8,873 VIPAV $1.85 $535 33.38 18% +$1,693 +18%
Comments:

Not called. Sold all shares at $33.37 to close out position. 
Adolor Corporation ADLR $15.70 600 $9,440 UAHAW $0.90 $520 17.5 16% ($3,002) -32%
Comments:

This stock "tanked" on December 23, going down 44% at the open, not allowing us to exercise our get-out price at -15%. Rather than sell on that day at this very large loss, we decided to hold the stock to expiration and then sell it. Generally, when a stock "tanks", it "over-tanks", and recovers a little bit over the next days. We did not exercise the get-out price because the commission would have been too high and the calls were actually worthless. Not called. Sold all shares at $9.06 to close out the position. 
Cyberonics, Inc. CYBX $20.82 400 $8,348 QAJAX $1.80 $700 22.5 16% +$1,352 +16%
Comments:

Called.
Hollis-Eden Pharma. HEPH $11.32 800 $9,076 QGQAV $0.70 $540 12.5 16% ($1,006) -11%
Comments:

Exercised get-out price at $9.62 after buying back calls at 0.21.
American Pharma. APPX $34.95 200 $6,950 AQOAH $3.70 $720 40 15% +$1,770 +15%
Comments:

Called.
Vimpel-Comm VIP $29.51 300 $8,873 VIPAU $2.35 $685 31.63 14% +$1,301 +14%
Comments:

Called.
Vimpel-Comm VIP $29.51 300 $8,873 VIPAU $3.00 $880 30 11% +$1,007 +11%
Comments:

Called.
Continental Airlines CAL $11.88 800 $9,524 CALAV $0.60 $460 12.5 10% ($1,128) -12%
Comments:

Exercised get-out price at $10.10 after buying back calls at 0.18.

All positions closed out with portfolio value up +$2,690.
*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