Covered Call Analyzer Aggressive "STOCKS-TO-CONSIDER"     

  for November, 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 a lot 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

 Dec Option Price

Income from sale*

Strike Price

Projected return if Called after one month*

Actual 

$ 

return*

Actual 

% 

Return*

Delta Air Lines

DAL

$10.94

900

$9,886

DALLV

$0.70

$610

12.5

20%

+$147

+1%

Comments:

Not called. Sold Jan12.5 at 0.90. Not called. Sold Feb12.5 at 1.15. Not called. Sold all shares at $8.42 getting out of position.

Micron Technology

MU

$13.76

700

$9,673

MULC

$1.00

$680

15

16%

($1,419)

-14%

Comments:

Exercised get-out price at $11.01 after buying back calls at 0.22.

Tenet Healthcare

THC

$16.31

600

$9,806

THCLW

$1.10

$640

17.5

14%

+$1,584

+16%

Comments:

Not called. Sold Jan17.5 at 0.45. Called.

Cablevision Systems

CVC

$16.28

600

$9,788

CVCLW

$0.85

$490

17.5

12%

+$1,662

17%

Comments:

Not called. Sold Jan17.5 at 0.80. Called.

National Semiconductor

NSM

$16.35

600

$9,830

NSMLW

$0.90

$520

17.5

12%

+$1,940

+20%

Comments:

Not called. Sold Jan17.5 at 0.65. Not called. Sold Feb17.5 at 0.30. Not called. Sold Mar17.5 at 0.40.  Called.

Orthodontic Centers

OCA

$11.89

800

$9,532

OCALV

$0.80

$620

12.5

11%

($360)

-4%

Comments:

Not called. Holding. Sold Feb12.5 at 0.65. Not called. Sold Mar 12.5 at 0.25.  Exercised get-out price at $10.11 after buying back calls at 0.27.

Scientific Atlanta

SFA

$11.89

800

$9,532

SFALV

$0.70

$540

12.5

11%

+$1,548

+16%

Comments:

Not called. Sold Jan12.5 at 0.70. Called.

International Rectifier

IRF

$21.58

400

$8,652

IRFLX

$1.25

$480

22.5

10%

+$1,768

+20%

Comments:

Not called. Sold Jan22.5 at 0.55. Not called. Sold Feb22.5 at 0.80. Not called. Sold Mar22.5 at 1.15. Called.

Analog Devices 

ADI

$29.05

300

$8,735

ADILF

$1.90

$550

30

9%

+$1,430

+16%

Comments:

Not called. Sold Jan30 at 0.45. Not called. Sold Feb30 at 0.85. Not called. Sold Mar30 at 0.95. Called.

Abercrombie & Fitch

ANF

$24.42

400

$9,788

ANFLE

$1.30

$500

25

7%

+$852

+9%

Comments:

Not called. Sold Jan25 at 0.40. Called.

All positions closed out with value up +$9,147.

*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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