Covered Call Analyzer Aggressive "STOCKS-TO-CONSIDER"     

  for January, 1999                                                                               Close Window

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.

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.

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..

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.

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. 

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.

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.

All positions closed out at April expiration with value up +$16,572.

*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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