Covered Call Analyzer AGGRESSIVE "STOCKS-TO-CONSIDER"
for January, 1999
|
Company Name |
Stock Symbol |
Stock Price |
# of shares |
Total Cost* |
Option Symbol |
Feb Option Price |
Income from sale* |
Strike Price |
Projected return if Called after one month* |
Actual $ return* |
Actual % Return* |
Westell Tech |
WSTL | $7.875 | 1200 | $9,545 | QLWBB | $0.625 | $750 | 10 | 34% | +$8,674 | +91% |
| Comments: |
Not called in February. Sold Mar10 at $0.25. Not called in March. Sold Apr10 at $0.25. Not called in April. Sold May10 at $0.5625. Not called in May. Sold Jun10 at $0.4325. Not called in June. Sold Jul7.5 at $0.875. Not called July. Sold Aug10 at $0.75. Not called in August. Sold Sep10 at $0.375. Not called in September. Sold Nov10 at $0.8125. Not called in November. Sold Dec10 at $0.25. Called in December at $10.00. Note that it took eleven months to get this stock called, but each month we sold calls at fairly good prices resulting in good monthly income and a great reward for our $10,000 investment. |
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|
Platinum Tech |
PLAT | $13.375 | 700 | $9,458 | FLQBC | $1.00 | $700 | 15 | 18% | +$2,468 | +26% |
| Comments: |
Not called in February. Sold Mar15 at $0.8125. Not called in March. Sold Apr15 at $0.25. Called in April at $15.00. |
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|
Iomega |
IOM | $9.00 | 1100 | $9,995 | IOMBB | $0..6875 | $756 | 10 | 18% | ($421) | -3% |
| Comments: |
Not called in February. Did not sell Mar10 at GTC $0.25. Holding. Bought an equal amount of IOM at $3.8125 averaging down to $6.41. Sold Jul7.5 at $0.125. Not called in July. Sold Sep7.5 at $0.25. Not called in July. Sold Oct7.5 at $0.1875. Not called in October. Sold Nov5 at $0.375. Not called in November. Sold Dec7.5 at $0.125. Not called in December. Sold Jan7.5 at $0.125. Not called in January. Sold Feb7.5 at $0.1875. Not called in February. Sold all shares at $4.50 to close out position.. |
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|
Creative Tech |
CREAF |
$15.75 |
600 |
$9,545 |
RFQBW |
$1.00 |
$600 |
17.5 |
16% |
+$1,630 | +17% |
|
Comments: |
Not called in February. Sold Mar17.5 at $0.50. Not called in March. Held through April. Sold May17.5 at $1.00. Not called in May. Sold Jul15 at $0.375. Note that we have lowered the strike price. Not called in July. Sold Aug15 at $0.25. Not called in August. Sold Oct15 at $0.25. Not called in October. Sold Nov 15 at $0.25. Called in November at $15.00. |
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|
Andrew Corp |
ANDW |
$20.125 |
400 |
$8,145 |
AQNBX |
$0.625 |
$250 |
22.5 |
14% |
+$1,205 |
+15% |
| Comments: |
Not called in February. Did not sell Mar20 at GTC $0.625. Sold Jul22.5 at $0.25. Not called in July. Sold Aug22.5 at $1.00. Not called in August. Sold Oct 22.5 at $0.50. Not called in October. Sold Dec20 at $0.50. Note that we have lowered the strike price. Not called in December. Sold Jan20 at $0.50. |
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|
Stone Energy |
SGY | $27.50 | 300 | $8,345 | SGYBF | $0.90 | $338 | 30 | 12% | +$1,293 | +15% |
| Comments: |
Not called in February. Sold Mar30 at $1.00. Called in March at $30.00. |
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|
Cor Theraputic |
CORR | $12.00 | 800 | $9,695 | CHQBV | $0.875 | $700 | 12.5 | 10% | +$1,705 | +18% |
| Comments: |
Not called in February. Sold Mar12.5 at $0.25. Not called in March. Sold Apr12.5 at $0.25. Not called in April. Sold May12.5 at $0.375. Called in May at $12.50. |
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All positions closed out at April expiration with value up +$16,572. |
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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.