Covered Call Analyzer Aggressive "STOCKS-TO-CONSIDER"     

  for June, 2005                                                                                    Close Window

Note: In all of our lists and portfolios, we have established a get-out price which we exercise when the stock price drops 15%. If this happens during the month, we will get-out and report the sale of the stock and the buy-back of the calls at the next expiration weekend postings.

Company Name

Stock Symbol

Stock Price

# of shares

Total Cost*

 Option Symbol

 Jul Option Price

Income from sale*

Strike Price

Projected return if Called after one month*

Actual 

$ 

return*

Actual 

% 

Return*

Penwest Pharma.

(risky)

 PPCO $17.45 500 $8,745

OGQGD

$2.15

 $1,058 20 26% +$2,313 +26%
Comments:

Called in July at $20.00.

Rambus, Inc.

RMBS

$22.30 400 $8,940 BNQGE

$1.30

 $504 25 17% ($868) -10%
Comments:

Exercised get-out price at $18.96 on July 18 after buying back calls at 0.05.
Apex Silver Mines SIL $13.43 700 $9,421 SILGC

$0.70

 $470 15 16% +$1,773 +19%
Comments:

Not called in July. Price at $13.41 at 7/22/2006. Sold Aug15 at 0.35. Called in August.

Taro Pharma.

TARO

$11.26

800

$9,025

 QTTGV

$0.50

$378

12.5

15%

 +$1,928 +21%
Comments:

Not called in July. Price at $10.73 at 7/22/2006. Holding waiting for better price. Price at $12.49 at 8/18/2006. Sold Sep12.5 at 0.75.  Called in September at $12.50.

Sierra Wireless, Inc.

SWIR

$15.68

600

$9,428

IYQGW

$0.55

$311

17.5

15%

($1,826) -19%

Comments:

Not called in July. Price at $15.19 at 7/22/2006. Sold Aug17.5 at 0.45. Stock tanked on July 28, closing that day at $12.70. We held the stock for seven days hoping to a "bounce" and then sold all shares at $11.70.
W.R. Grace & Co. GRA $11.39 800 $9,132 GRAGV

$0.45

 $338 12.5 13% ($954) -10%
Comments:

Not called in July. Price at $9.94 at 7/22/2006. Sold Aug12.5 at 0.20. Exercised get-out price at $9.68 on July 24 after buying back calls at 0.05.
Randgold Resources GOLD $18.27 500 $9,155 GUDGD

$0.65

 $308 20 13% +$1,153 +13%
Comments:

Called in July at $20.00.

Stillwater Mining Co.

SWC

$11.65 800 $9,340 SWCGV

$0.60

 $458 12.5 12% ($906) -10%
Comments:

Not called in July. Price at $10.18 at 7/22/2006. Sold Aug12.5 at 0.15. Exercised get-out price at $9.90 on Aug 9 after buying back calls at 0.05.

JLG Industries

JLG

$18.42

500

 $9,230

JLGGD

$0.65

$308

20

12%

 +$1,725 +19%
Comments:

Not called in July. Price at $17.30 at 7/22/2006. Sold Aug20 at 0.30. Not called in August. Price at $19.13 at 8/18/2006. Sold Sep20 at 0.60. Not called in September. Price at $18.38 at 9/16/2006. Sill now sell Oct20 at 0.50. Called in October at $20.00.

Endwave Corp.

 ENWV $11.92 800 $9,556 EQVGV

$0.85

 $658 12.5 12% +$1,520 +16%
Comments:

Not called in July. Price at $11.50 at 7/22/2006. Sold Aug12.5 at 0.55. Called in August at $12.50.

All positions closed out in October with value up +$5,858.

*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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