$10,000 Monitored Aggressive Portfolio Trades for January 2007
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
| Call Premium | Cost | Balance | |
| Initial Cash: | $10,000 | ||
| From Aggressive "Stocks-to-Consider" for January 21, 2007 and putting $2,000 in the money available field | Income* | Cost* |
Balance |
|
Buy 100 shares of PPCO at $15.30 (closing last trade price) and sell 1 contracts of OGQ BW (Feb$17.50 ) at $0.80 (closing bid price) expiring on 2/17/2007. |
+$69 | $1,540 | $8,529 |
| Buy 100 shares of RMBS at $17.85 (closing last trade price) and sell 1 contracts of BNQ BD (Feb$20.00 ) at $1.00 (closing bid price) expiring on 2/17/2007. | +$89 | $1,795 | $6,823 |
| Buy 100 shares of CVTX at $14.45 (closing last trade price) and sell 1 contracts of UXC BC (Feb$15.00 ) at $0.95 (closing bid price) expiring on 2/17/2007. | +$84 | $1,455 | $5,452 |
| Buy 100 shares of CYBX at $19.67 (closing last trade price) and sell 1 contracts of QAJ BD (Feb$20.00 ) at $1.50 (closing bid price) expiring on 2/17/2007 | +$139 | $1,977 | $3,614 |
|
Buy 100 shares of TRID at $17.11 (closing last trade price) and sell 1 contracts of HVU BW (Feb$17.50 ) at $1.00 (closing bid price) expiring on 2/17/2007. |
+$89 | $1,720 | $1,983 |
|
Buy 100 shares of ECLP at $19.67 (closing last trade price) and sell 1 contracts of IQV BD (Feb$20.00 ) at $0.70 (closing bid price) expiring on 2/17/2007. |
+$59 | $1,977 | $65 |
|
Totals for January: |
+$529 | $10,164 | $65 |
| Portfolio value at January 20, 2007 is $10,595. | |||
*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.
On January 20, 2007 (expiration weekend), Investment Enhancing Systems, Inc. initiated a new $10,000 aggressive portfolio for 2007, This portfolio uses stocks identified in our Aggressive "Stocks-to-Consider" list by selecting buy/writes from the "Stocks with high or negative PE ratios" list. We have set the money available to $2,000 and have reduced the commissions for purchasing the stock to $9.95 and selling the calls to $9.95 plus $1.50 per contract in our parameters page. Several low cost, on-line brokers offer these low commissions. Since it is an aggressive portfolio, we keep the premium income and stock price appreciation to the strike price in the portfolio. We update the portfolio each month on expiration weekend. Our objective is to maintain and grow the portfolio. The table above lists details of stocks bought and calls sold, and when we held the stock or exercised our get-out price. 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. We anticipate good months and poor months, with a general gain at year end. Patience usually wins. Because this portfolio is limited in diversity, it will be much more difficult to realize the types of gains in our larger portfolios.
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