Covered Call Analyzer AGGRESSIVE "STOCKS-TO-CONSIDER"
for May, 2006
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 |
Jun Option Price |
Income from sale* |
Strike Price |
Projected return if Called after one month* |
Actual $ return* |
Actual % Return* |
Nitromed (risky) |
NTMD | $18.75 | 500 | $9,395 | QNRFX | $1.10 | $533 | 22.5 | 25% | +$1,795 | +19% |
| Comments: |
Not called. Sold Jul20 at 1.35. Not that we have lowered the strike price to 20 since it is above the original purchase price yielding a higher premium. Called |
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| Interdigital Comm. | IDCC | $16.75 | 500 | $8,395 | DAQFD | $0.95 | $458 | 20 | 24% | +$1,445 | +17% |
| Comments: |
Not called. Sold Jul17.5 at 1.30. Note that we have lowered the strike price to 17.5 since it is above the original purchase price yielding a higher premium. Called. |
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| Taser Int'l | TASR | $11.13 | 800 | $8,924 | QURFV | $0.55 | $418 | 12.5 | 16% | ($632) | -7% |
| Comments: |
Not called. Sold Jul12.5 at 0.35. Not called. Sold Aug12.5 at 0.15. Exercised get-out price at $9.46 after buying back calls at 0.06. |
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Nitromed (risky) |
NTMD | $18.75 | 500 | $9,395 | QNRFD | $1.90 | $933 | 20 | 16% | +$2,195 | +23% |
| Comments: |
Not called. Sold Jul20 at 1.35. Called. |
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| Interdigital Comm. | IDCC | $16.75 | 500 | $8,395 | DAQFW | $1.65 | $808 | 17.5 | 13% | +$1,163 | +14% |
| Comments: |
Called. |
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|
Eyetech Pharm. |
EYET | $23.75 | 400 | $9,520 | QUJFE | $2.00 | $784 | 25 | 13% | ($3,336) | -35% |
| Comments: |
This stock tanked on May 24 on bad news. We could not exercise our get-out price because the stock price dropped so fast. Usually in these circumstances, there is a gradual rise in the stock price after such a tank, Therefore, we are holding the stock. We do not anticipate that it will return to the purchase price but may rise over the next month. The price on this expiration weekend is $12.16. Sold all shares at $13.45 to close out position. |
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| Oregon Steel Mills | OS | $16.61 | 600 | $9,986 | OSFW | $0.80 | $461 | 17.5 | 9% | +$975 | +9% |
| Comments: |
Called. |
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| Sigmatel Inc. | SGTL | $24.02 | 400 | $9,628 | UGOFE | $1.15 | $444 | 25 | 8% | ($893) | -9% |
| Comments: |
Not called. Sold Jul25 at 0.55. Exercised get-out price at $20.42 after buying back calls at 0.21. |
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| Tessera Tech. | TSRA | $29.30 | 300 | $8,810 | TJQFF | $1.40 | $406 | 30 | 7% | +$596 | +7% |
| Comments: |
Called. |
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| Commercial Metals Co. | CMC | $24.65 | 400 | $9,880 | CMCFE | $1.05 | $404 | 25 | 5% | +$524 | +5% |
| Comments: |
Called. |
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|
All positions closed out with value up $3,832. |
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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.