Covered Call Analyzer from Investment Enhancing Systems, Inc.

The Covered Call Analyzer

$10,000 Monitored Aggressive Portfolio Trades for March 20, 2010

This is a rolling portfolio and we will look at open positions and make new trades using monies from called and sold positions each month on expiration weekend. The statements starting "Buy...." is what the Covered Call Analyzer tells you to do after finding the best buy/writes and calculating the values.

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	Call Premium	Cost	Balance
From February:			$216
From Aggressive "Stocks-to-Consider" for January 16, 2010 and putting $2,000 in the money available field
Buy 300 shares of SIGA TECHNOLOGIES INC (SIGA) at $5.94 (closing last trade price) and sell 3 call Out-of-the-Money contracts of FKQ BU (Feb$7.50) at $0.40 (closing bid price) expiring on 2/20/2010. Cost is $1,792, and income from sale of the calls is $106 and includes your commissions. Annualized return if called is 328%. RISKY!!! Not called on February 20. Will now sell Mar7.5 at $0.45. Price at $6.56 and value at $2,194, up 22.4% on February 20 including sale of all calls. Not called on March 20. Will now sell Apr7.5 at $0.45. Price at $6.99 and value at $2,444, up 36.4% on February 20 including sale of all calls.	$121		$337
Buy 100 shares of E-HOUSE CHINA HLDGS ADS (EJ) at $16.79 (closing last trade price) and sell 1 call Out-of-the-Money contracts of EJ BW (Feb$17.50) at $0.75 (closing bid price) expiring on 2/20/2010. Cost is $1,689, and income from sale of the calls is $64 and includes your commissions. Annualized return if called is 77%. Not called on February 20. Will now sell Mar7.5 at $0.75. Price at $17.00 and value at $1,827, up 8.2% on February 20 including sale of all calls. Called on March 20 at $17.50. Proceeds $1,790 after commission. Final value including sale of all calls is $1,867, up 10.6%			$2,127
Buy 300 shares of MGIC INVESTMENTS CORP (MTG) at $6.29 (closing last trade price) and sell 3 call Out-of-the-Money contracts of MTG BU (Feb$7.50) at $0.30 (closing bid price) expiring on 2/20/2010. Cost is $1,897, and income from sale of the calls is $76 and includes your commissions. Annualized return if called is 236%. Not called on February 20. Will now sell Mar7.5 at $0.50. Price at $7.44 and value at $2,443, up 28.8% on February 20 including sale of all calls. Called on March 20 at $7.50. Proceeds $2,240 after commission. Final value including sale of all calls is $2,451, up 29.2%			$4,367
From Aggressive "Stocks-to-Consider" for February 20, 2010 and putting $2,000 in the money available field
Buy 100 shares of INTERMUNE INC (ITMN) at $15.33 (closing last trade price) and sell 1 call Out-of-the-Money contracts of IQY1020C17.5 (Mar$17.50) at $3.40 (closing bid price) expiring on 3/20/2010. Cost is $1,543, and income from sale of the calls is $329 and includes your commissions. Annualized return if called is 453%. RISKY!!! Called on February 20 at $7.50. Proceeds $1,490 after commission. Final value including sale of all calls is $1,587, up 10.5% Called on March 20 at $17.50. Proceeds $2,240 after commission. Final value including sale of all calls is $2,451, up 29.2%			$6,607
Buy 200 shares of ORIGIN AGRITECH LTD (SEED) at $9.15 (closing last trade price) and sell 2 call Out-of-the-Money contracts of QSW1020C10 (Mar$10.00) at $0.40 (closing bid price) expiring on 3/20/2010. Cost is $1,840, and income from sale of the calls is $67 and includes your commissions. Annualized return if called is 161%. Called on March 20 at $10.00. Proceeds $1,990 after commission. Final value including sale of all calls is $2,057, up 11.8%			$8,597
Buy 200 shares of CHINA NORTH EAST PETRO (NEP) at $9.69 (closing last trade price) and sell 2 call Out-of-the-Money contracts of NEP1020C10 (Mar$10.00) at $0.55 (closing bid price) expiring on 3/20/2010. Cost is $1,948, and income from sale of the calls is $97 and includes your commissions. Annualized return if called is 100%.Not called on March 20. Price at $8.60. Sold all shares at $8.60 on March 20 to close out possition. Proceeds $1,710, and value at $1,817down (6.7%).on March 20 including sale of all calls.			$10,307
From Aggressive "Stocks-to-Consider" for March 20, 2010 and putting $2,000 in the money available field
Buy 100 shares of PATRIOT COAL CORP (PCX) at $19.35 (closing last trade price) and sell 1 call Out-of-the-Money contracts of PCX1017D20 (Apr$20.00) at $1.10 (closing bid price) expiring on 4/17/2010. Cost is $1,945, and income from sale of the calls is $99 and includes your commissions. Annualized return if called is 103%.	$99	$1,945	$8,461
Buy 300 shares of DELCATH SYSTEMS INC (DCTH) at $5.88 (closing last trade price) and sell 3 call Out-of-the-Money contracts of QZD1017D7.5 (Apr$7.50) at $0.45 (closing bid price) expiring on 4/17/2010. Cost is $1,774, and income from sale of the calls is $121 and includes your commissions. Annualized return if called is 439%.	$121	$1,774	$6,808
Buy 100 shares of COMCAST CORP CL A (CMCSA) at $17.53 (closing last trade price) and sell 1 call Out-of-the-Money contracts of SA1017D22.5 (Apr$22.50) at $1.10 (closing bid price) expiring on 4/17/2010. Cost is $1,763, and income from sale of the calls is $99 and includes your commissions. Annualized return if called is 433%.	$99	$1,763	$5,144
Buy 100 shares of MOMENTA PHARMACEUTICALS (MNTA) at $14.33 (closing last trade price) and sell 1 call Out-of-the-Money contracts of QMP1017D15 (Apr$15.00) at $1.15 (closing bid price) expiring on 4/17/2010. Cost is $1,443, and income from sale of the calls is $104 and includes your commissions. Annualized return if called is 145%. RISKY!!!	$104	$1,443	$3,805
Buy 200 shares of MANNKIND CORPORATION (MNKD) at $7.16 (closing last trade price) and sell 2 call Out-of-the-Money contracts of MWU1017D7.5 (Apr$7.50) at $0.55 (closing bid price) expiring on 4/17/2010. Cost is $1,442, and income from sale of the calls is $97 and includes your commissions. Annualized return if called is 140%. RISKY!!!	$97	$1,442	$2,460
Buy 200 shares of AMR CORP (AMR) at $9.01 (closing last trade price) and sell 2 call Out-of-the-Money contracts of AMR1017D10 (Apr$10.00) at $0.28 (closing bid price) expiring on 4/17/2010. Cost is $1,812, and income from sale of the calls is $43 and includes your commissions. Annualized return if called is 166%.	$43	$1,812	$619
Totals for March:	$684	$10,179	$619
Portfolio value at March 20, 2010 is $12,293*, up +22.9%. The S&P500 average for the year so far is up 2.1%

*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 16, 2010 (expiration weekend), Investment Enhancing Systems, Inc. initiated a new $10,000 aggressive portfolio for 2010, 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 and sold more calls 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.