Company Name

Stock Symbol

Stock Price

# of shares

Total Cost*

 Option Symbol

 Oct Option Price

Income from sale*

Strike Price

Projected return if Called after one month*

Actual 

$ 

return*

Actual 

% 

Return*

Allegheny Energy

AYE

$13.99

700

$9,813

AYEJC

$1.85

$1,275

15

20%

($789)

-8%

Comments:

Exercised get-out price at $11.19 after buying back calls at 0.12.

Unibanco Uniao de Bancos Brasileros

UBB

$11.03

900

$9,947

UBBJV

$0.65

$565

12.5

19%

($1,606)

-16%

Comments:

Exercised get-out price at $8.82 after buying back calls at 0.18.

International Rectitier

IRF

$16.01

600

$9,626

IRFJW

$0.95

$550

17.5

15%

+$1,884

+20%

Comments:

Not called. Will now sell Nov17.5 at 0.80. Called.

Micron Technology

MU

$13.86

700

$9,722

MUJC

$0.95

$645

15

15%

($45)

0%

Comments:

Not called. Will now sell Nov15 at 1.10. Not called. will now sell Dec15 at 1.00. Exercised get-out price at $11.09 after buying back calls at 0.23.

Prepaid Legal Svs.

PPD

$21.97

400

$8,808

PPDJX

$2.10

$820

22.5

11%

+$1,552

+18%

Comments:

Not called. Will now sell Nov22.5 at 1.40. Called.

Household Int'l

HI

$29.07

300

$8,741

HIJF

$2.10

$610

30

10%

+$1,296

+15%

Comments:

Not called. Will now sell Nov30 at 2.00. Not called. Will now sell Dec30 at 1.10. Sold all shares at $28.39 to close out position.

Best Buy

BBY

$23.96

400

$9,604

BBYJE

$1.25

$480

25

9%

+$1,086

+11%

Comments:

Not called. Will now sell Nov25 at 0.50. Not called. Will now sell Dec25 at 0.30. Sold all shares at $24.75 to close out position.

First Data Corp.

FDC

$28.96

300

$8,708

FDCJF

$1.70

$490

30

9%

+$782

+9%

Comments:

Called.

Smith Int'l

SII

$29.05

300

$8,735

SIIJF

$1.65

$475

30

9%

+$740

+9%

Comments:

Called.

Citigroup

C

$26.77

300

$8,051

CJY

$1.60

$460

27.5

8%

+$659

+8%

Comments:

Called.

All positions closed out with value up +$5,550.