Covered Call Analyzer AGGRESSIVE "STOCKS-TO-CONSIDER"    

  for July, 2002

Close Window

NOTE: Our arbitrary get-out price was changed in July, 2002, from -15% to -20% due to volatility and our belief that the markets are going to move up and down a lot day-to-day but trend up for the next few months. We will move it back to -15% in the future.

Company Name

Stock Symbol

Stock Price

# of shares

Total Cost*

 Option Symbol

 Aug Option Price

Income from sale*

Strike Price

Projected return if Called after one month*

Actual 

$ 

return*

Actual 

% 

Return*
Pre-Paid Legal PPD $18.05 500 $9,045 PPDHD $2.15 $1,055 20 24% +$2,010 +22%
Comments:

Called.
Tyco Intl. TYC $11.98 800 $9,604 TYCHQ $1.55 $1,55 12.5 19% +$1,616 +17%
Comments:

We did not sell on the 143MM share day when the stock tanked, but held because the news was emotional, not factual. The price rebounded and was called.
Continental Airlines CAL $11.69 800 $9,372 CALHV $0.80 $620 12.5 14% ($1,472) -16%
Comments:

Exercised get-out price at $9.35 after buying back calls at 0.26.
Agnico-Eagle Mines AEM $13.85 700 $9,715 AEMHC $0.75 $505 15 14% ($1,622) -17%
Comments:

Exercised get-out price at $11.08 after buying back calls at 0.24.
Micron Technology MU $21.25 400 $8,520 MUHE $1.00 $340 25 23% ($1,224) -14%
Comments:

Not called. Sold Sep25 at 0.55. Exercised get-out price at $17.00 after buying back calls at 0.21.
Nokia Corp. NOK $12.26 800 $9,828 NOKHC $0.80 $620 15 31% +$1,384 +16%
Comments:

Not called. Sold Sep15 at 0.40. Not called. Sold all shares at $12.84 to close out position.
William-Sonoma WSM $20.35 400 $8,160 WSMHE $1.30 $500 25 31% +$3,160 +39%
Comments:

Not called. Sold Sep25 at 2.10. Called.
Cox Comm. COX $28.74 300 $8,642 COXHF $2.00 $580 30 11% ($1,303) -15%
Comments:

Exercised get-out price at $22.99 after buying back calls at 0.46.
Cypress Semi. CY $14.37 600 $8,642 CYHC $0.95 $550 15 11% ($1,390) -16%
Comments:

Exercised get-out price at $11.50 after buying back calls at 0.33.
Deutsche Telekom DT $11.90 800 $9,540 DTHV $0.65 $500 12.5 10% ($1,224) -14%
Comments:

Not called. Sold Sep12.5 at 0.25. Exercised get-out price at $9.52 after buying back calls at 0.11.

All positions closed out with value up $40.
*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