Covered Call Analyzer from Investment Enhancing Systems, Inc.

The Covered Call Analyzer

$10,000 Monitored Aggressive Portfolio Trades fo November 21, 2009

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 October: $306

From Aggressive "Stocks-to-Consider" August 22, 2009 and putting $2,000 in the money available field

Buy 200 shares of MCMORAN EXPLORATION CO (MMR) at $8.28 (closing last trade price) and sell 2 call Out-of-the-Money contracts of MMR IB (Sep$10.00) at $0.25 (closing bid price) expiring on 9/19/2009. Cost is $1,666, and income from sale of the calls is $37 and includes your commissions. Annualized return if called is 290%. Not called on September 19. Will now sell Oct10 at $0.25. Price at $8.61 and value at $1,796, up 7.8% on September 19 including sale of all calls. Not called on October 17. Will now sell Nov10 at $0.25. Price at $8.16 and value at $1,743, up 4.6% on October 17 including sale of all calls. Not called on November 21. Sold all shares at $7.09 on November 21. Proceeds $1,408 after commission. Final value including sale of all calls is $1,529, down (8.2%).
$1,714

Buy 100 shares of TAKE-TWO INTERA SOFTWARE (TTWO) at $10.29 (closing last trade price) and sell 1 call Out-of-the-Money contracts of TUO IV (Sep$12.50) at $0.30 (closing bid price) expiring on 9/19/2009. Cost is $1,039, and income from sale of the calls is $19 and includes your commissions. Annualized return if called is 289%. Not called on September 19. Will now sell Oct12.5 at $0.45. Price at $11.73 and value at $1,222, 17.6% on September 19 including sale of all calls. Not called on October 17. Will now sell Nov12.5 at $0.30. Price at $11.18 and value at $1,189, up 14.4% on October 17 including sale of all calls. Not called on November 21. Will now sell Dec12.5 at $0.40. Price at $11.20 and value at $1,219, up 17.3% on November 21 including sale of all calls.
$27 $1,741

Buy 100 shares of AMYLIN PHARMACEUTICALS (AMLN) at $13.48 (closing last trade price) and sell 1 call Out-of-the-Money contracts of AQM IC (Sep$15.00) at $0.25 (closing bid price) expiring on 9/19/2009. Cost is $1,358, and income from sale of the calls is $14 and includes your commissions. Annualized return if called is 150%. Not called on September 19. Will now sell Oct15 at $0.30. Price at $13.10 and value at $1,342, down (1.2%) on September 19 including sale of all calls. Not called on October 17. Will now sell Nov15 at $0.55. Price at $13.89 and value at $1,464, up 7.9% on October 17 including sale of all calls. Exercised get-out price at $11.46 (-15%) on October 28 after buying back calls at $0.05. Proceeds $1,136 after commission. Final value including sale of all calls is $1,205, down (11.2%).
($17) $2,860

From Aggressive "Stocks-to-Consider" September 19, 2009 and putting $2,000 in the money available field

Buy 200 shares of PONIARD PHARMACEUTICALS (PARD) at $7.06 (closing last trade price) and sell 2 call Out-of-the-Money contracts of FQR JU (Oct$7.50) at $1.05 (closing bid price) expiring on 10/17/2009. Cost is $1,422, and income from sale of the calls is $197 and includes your commissions. Annualized return if called is 233%.Not called on October 17. Will now sell Nov7.5 at $2.20. Price at $6.87 and value at $1,998, up 40.5% on October 17 including sale of all calls. Stock tanked on November 16. Held till expiration and then sold all shares at $2.53 on November 21. Proceeds $496 after commission. Final value including sale of all calls is $1,130, down (20.5%).
$3,356

Buy 300 shares of MATRIXX INITIATIVES INC (MTXX) at $5.72 (closing last trade price) and sell 3 call Out-of-the-Money contracts of IHU JU (Oct$7.50) at $0.35 (closing bid price) expiring on 10/17/2009. Cost is $1,726, and income from sale of the calls is $91 and includes your commissions. Annualized return if called is 439%. Not called on October 17. Will now sell Nov7.5 at $0.25. Price at $5.56 and value at $1,819, up 5.4% on October 17 including sale of all calls. Exercised get-out price at $4.86 (-15%) on October 26 after buying back calls at $0.05. Proceeds $1,448 after commission. Final value including sale of all calls is $1,580, down (8.5%).
($30) $4,774

From Aggressive "Stocks-to-Consider" October 17, 2009 and putting $2,000 in the money available field

Buy 200 shares of PONIARD PHARMACEUTICALS (PARD) at $6.87 (closing last trade price) and sell 2 call Out-of-the-Money contracts of FQR KU (Nov$7.50) at $2.20 (closing bid price) expiring on 11/21/2009. Cost is $1,394, and income from sale of the calls is $427 and includes your commissions. Annualized return if called is 388%.Stock tanked on November 16. Held till expiration and then sold all shares at $2.53 on November 21. Proceeds $496 after commission. Final value including sale of all calls is $933, down (32.6%).
$5,270

Buy 300 shares of MGIC INVESTMENTS CORP (MTG) at $6.42 (closing last trade price) and sell 3 call Out-of-the-Money contracts of MTG KU (Nov$7.50) at $0.35 (closing bid price) expiring on 11/21/2009. Cost is $1,946, and income from sale of the calls is $91 and includes your commissions. Annualized return if called is 206%. Exercised get-out price at $5.46 (-15%) on October 21 after buying back calls at $0.05. Proceeds $1,628 after commission. Final value including sale of all calls is $1,699, down (12.2%).
($30) $6,868

Buy 200 shares of RADIAN GROUP (RDN) at $7.10 (closing last trade price) and sell 2 call Out-of-the-Money contracts of RDN KU (Nov$7.50) at $1.00 (closing bid price) expiring on 11/21/2009. Cost is $1,440, and income from sale of the calls is $187 and includes your commissions. Annualized return if called is 174%. Exercised get-out price at $6.04 (-15%) on October 26 after buying back calls at $0.05. Proceeds $1,198 after commission. Final value including sale of all calls is $1,370, down (4.0%).
($23) $8,043

Buy 200 shares of BIOCRYST PHARMACEUTICALS (BCRX) at $9.41 (closing last trade price) and sell 2 call Out-of-the-Money contracts of BIU KB (Nov$10.00) at $0.85 (closing bid price) expiring on 11/21/2009. Cost is $1,902, and income from sale of the calls is $157 and includes your commissions. Annualized return if called is 136%. Not called on November 21. Will now sell Dec10 at $0.65. Price at $9.55 and value at $2,184, up 15.4% on November 21 including sale of all calls.
$117 $8,160

Buy 200 shares of LIZ CLAIBORNE INC (LIZ) at $7.05 (closing last trade price) and sell 2 call Out-of-the-Money contracts of LIZ KU (Nov$7.50) at $0.65 (closing bid price) expiring on 11/21/2009. Cost is $1,430, and income from sale of the calls is $117 and includes your commissions. Annualized return if called is 133%. Exercised get-out price at $5.99 (-15%) on October 28 after buying back calls at $0.05. Proceeds $1,188 after commission. Final value including sale of all calls is $1,292, down (9.0%).
($23) $9,325

Buy 200 shares of DEVELOPERS DIVERSIFIED (DDR) at $9.40 (closing last trade price) and sell 2 call Out-of-the-Money contracts of DDR KB (Nov$10.00) at $0.65 (closing bid price) expiring on 11/21/2009. Cost is $1,900, and income from sale of the calls is $117 and includes your commissions. Annualized return if called is 116%. Exercised get-out price at $7.99 (-15%) on November 4 after buying back calls at $0.05. Proceeds $1,588 after commission. Final value including sale of all calls is $1,692, down (10.5%).
($23) $10,890

Buy 100 shares of TENNECO INC (TEN) at $14.29 (closing last trade price) and sell 1 call Out-of-the-Money contracts of TEN KC (Nov$15.00) at $1.00 (closing bid price) expiring on 11/21/2009. Cost is $1,449, and income from sale of the calls is $89 and includes your commissions. Annualized return if called is 98%. Called on November 21 at $15.00. Proceeds $1,490 after commission. Final value including sale of all calls is $1,579, up 9.7%
$12.380

From Aggressive "Stocks-to-Consider" November 21, 2009 and putting $2,000 in the money available field

Buy 200 shares of SIGA TECHNOLOGIES INC (SIGA) at $7.20 (closing last trade price) and sell 2 call Out-of-the-Money contracts of FKQ LB (Dec$10.00) at $0.30 (closing bid price) expiring on 12/19/2009. Cost is $1,450, and income from sale of the calls is $47 and includes your commissions. Annualized return if called is 537%.
$47 $1.450 $10.977

Buy 200 shares of IMMUNOGEN INC (IMGN) at $8.35 (closing last trade price) and sell 2 call Out-of-the-Money contracts of GMU LB (Dec$10.00) at $0.70 (closing bid price) expiring on 12/19/2009. Cost is $1,680, and income from sale of the calls is $127 and includes your commissions. Annualized return if called is 347%.
$127 $1.680 $9.424

Buy 300 shares of METROPCS COMMUNICATIONS INC. (PCS) at $6.52 (closing last trade price) and sell 3 call Out-of-the-Money contracts of PCS LU (Dec$7.50) at $0.30 (closing bid price) expiring on 12/19/2009. Cost is $1,966, and income from sale of the calls is $76 and includes your commissions. Annualized return if called is 239%.
$76 $1.966 $7.534

Buy 200 shares of MCMORAN EXPLORATION CO (MMR) at $7.09 (closing last trade price) and sell 2 call Out-of-the-Money contracts of MMR LU (Dec$7.50) at $0.45 (closing bid price) expiring on 12/19/2009. Cost is $1,428, and income from sale of the calls is $77 and includes your commissions. Annualized return if called is 136%.
$77 $1.428 $6.183

Buy 200 shares of ZOLTEK COMPANIES INC (ZOLT) at $9.46 (closing last trade price) and sell 2 call Out-of-the-Money contracts of LVQ LB (Dec$10.00) at $0.45 (closing bid price) expiring on 12/19/2009. Cost is $1,902, and income from sale of the calls is $77 and includes your commissions. Annualized return if called is 120%.
$77 $1.902 $4.358

Buy 200 shares of CHINA NATURAL GAS INC (CHNG) at $9.42 (closing last trade price) and sell 2 call Out-of-the-Money contracts of ZQH LB (Dec$10.00) at $0.40 (closing bid price) expiring on 12/19/2009. Cost is $1,894, and income from sale of the calls is $67 and includes your commissions. Annualized return if called is 119%.
$67 $1.894 $2.531

Buy 100 shares of TIVO INC (TIVO) at $10.66 (closing last trade price) and sell 1 call Out-of-the-Money contracts of TUK LV (Dec$12.50) at $0.25 (closing bid price) expiring on 12/19/2009. Cost is $1,076, and income from sale of the calls is $14 and includes your commissions. Annualized return if called is 228%.
$14 $1.076 $1.469

Buy 100 shares of UNIVERSAL TRAVEL GROUP (UTA) at $10.78 (closing last trade price) and sell 1 call Out-of-the-Money contracts of UTA LV (Dec$12.50) at $0.35 (closing bid price) expiring on 12/19/2009. Cost is $1,088, and income from sale of the calls is $24 and includes your commissions. Annualized return if called is 223%.
$24 $1.088 $405

Totals for November:
$507 $12.484 $405

Portfolio value at November 21 is $15,839*, up +58.4%. The S&P500 average for the year so far is up +28.4%

*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 17, 2009 (expiration weekend), Investment Enhancing Systems, Inc. initiated a new $10,000 aggressive portfolio for 2009, 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.

	Call Premium	Cost	Balance
From October:			$306
From Aggressive "Stocks-to-Consider" August 22, 2009 and putting $2,000 in the money available field
Buy 200 shares of MCMORAN EXPLORATION CO (MMR) at $8.28 (closing last trade price) and sell 2 call Out-of-the-Money contracts of MMR IB (Sep$10.00) at $0.25 (closing bid price) expiring on 9/19/2009. Cost is $1,666, and income from sale of the calls is $37 and includes your commissions. Annualized return if called is 290%. Not called on September 19. Will now sell Oct10 at $0.25. Price at $8.61 and value at $1,796, up 7.8% on September 19 including sale of all calls. Not called on October 17. Will now sell Nov10 at $0.25. Price at $8.16 and value at $1,743, up 4.6% on October 17 including sale of all calls. Not called on November 21. Sold all shares at $7.09 on November 21. Proceeds $1,408 after commission. Final value including sale of all calls is $1,529, down (8.2%).			$1,714
Buy 100 shares of TAKE-TWO INTERA SOFTWARE (TTWO) at $10.29 (closing last trade price) and sell 1 call Out-of-the-Money contracts of TUO IV (Sep$12.50) at $0.30 (closing bid price) expiring on 9/19/2009. Cost is $1,039, and income from sale of the calls is $19 and includes your commissions. Annualized return if called is 289%. Not called on September 19. Will now sell Oct12.5 at $0.45. Price at $11.73 and value at $1,222, 17.6% on September 19 including sale of all calls. Not called on October 17. Will now sell Nov12.5 at $0.30. Price at $11.18 and value at $1,189, up 14.4% on October 17 including sale of all calls. Not called on November 21. Will now sell Dec12.5 at $0.40. Price at $11.20 and value at $1,219, up 17.3% on November 21 including sale of all calls.	$27		$1,741
Buy 100 shares of AMYLIN PHARMACEUTICALS (AMLN) at $13.48 (closing last trade price) and sell 1 call Out-of-the-Money contracts of AQM IC (Sep$15.00) at $0.25 (closing bid price) expiring on 9/19/2009. Cost is $1,358, and income from sale of the calls is $14 and includes your commissions. Annualized return if called is 150%. Not called on September 19. Will now sell Oct15 at $0.30. Price at $13.10 and value at $1,342, down (1.2%) on September 19 including sale of all calls. Not called on October 17. Will now sell Nov15 at $0.55. Price at $13.89 and value at $1,464, up 7.9% on October 17 including sale of all calls. Exercised get-out price at $11.46 (-15%) on October 28 after buying back calls at $0.05. Proceeds $1,136 after commission. Final value including sale of all calls is $1,205, down (11.2%).	($17)		$2,860
From Aggressive "Stocks-to-Consider" September 19, 2009 and putting $2,000 in the money available field
Buy 200 shares of PONIARD PHARMACEUTICALS (PARD) at $7.06 (closing last trade price) and sell 2 call Out-of-the-Money contracts of FQR JU (Oct$7.50) at $1.05 (closing bid price) expiring on 10/17/2009. Cost is $1,422, and income from sale of the calls is $197 and includes your commissions. Annualized return if called is 233%.Not called on October 17. Will now sell Nov7.5 at $2.20. Price at $6.87 and value at $1,998, up 40.5% on October 17 including sale of all calls. Stock tanked on November 16. Held till expiration and then sold all shares at $2.53 on November 21. Proceeds $496 after commission. Final value including sale of all calls is $1,130, down (20.5%).			$3,356
Buy 300 shares of MATRIXX INITIATIVES INC (MTXX) at $5.72 (closing last trade price) and sell 3 call Out-of-the-Money contracts of IHU JU (Oct$7.50) at $0.35 (closing bid price) expiring on 10/17/2009. Cost is $1,726, and income from sale of the calls is $91 and includes your commissions. Annualized return if called is 439%. Not called on October 17. Will now sell Nov7.5 at $0.25. Price at $5.56 and value at $1,819, up 5.4% on October 17 including sale of all calls. Exercised get-out price at $4.86 (-15%) on October 26 after buying back calls at $0.05. Proceeds $1,448 after commission. Final value including sale of all calls is $1,580, down (8.5%).	($30)		$4,774
From Aggressive "Stocks-to-Consider" October 17, 2009 and putting $2,000 in the money available field
Buy 200 shares of PONIARD PHARMACEUTICALS (PARD) at $6.87 (closing last trade price) and sell 2 call Out-of-the-Money contracts of FQR KU (Nov$7.50) at $2.20 (closing bid price) expiring on 11/21/2009. Cost is $1,394, and income from sale of the calls is $427 and includes your commissions. Annualized return if called is 388%.Stock tanked on November 16. Held till expiration and then sold all shares at $2.53 on November 21. Proceeds $496 after commission. Final value including sale of all calls is $933, down (32.6%).			$5,270
Buy 300 shares of MGIC INVESTMENTS CORP (MTG) at $6.42 (closing last trade price) and sell 3 call Out-of-the-Money contracts of MTG KU (Nov$7.50) at $0.35 (closing bid price) expiring on 11/21/2009. Cost is $1,946, and income from sale of the calls is $91 and includes your commissions. Annualized return if called is 206%. Exercised get-out price at $5.46 (-15%) on October 21 after buying back calls at $0.05. Proceeds $1,628 after commission. Final value including sale of all calls is $1,699, down (12.2%).	($30)		$6,868
Buy 200 shares of RADIAN GROUP (RDN) at $7.10 (closing last trade price) and sell 2 call Out-of-the-Money contracts of RDN KU (Nov$7.50) at $1.00 (closing bid price) expiring on 11/21/2009. Cost is $1,440, and income from sale of the calls is $187 and includes your commissions. Annualized return if called is 174%. Exercised get-out price at $6.04 (-15%) on October 26 after buying back calls at $0.05. Proceeds $1,198 after commission. Final value including sale of all calls is $1,370, down (4.0%).	($23)		$8,043
Buy 200 shares of BIOCRYST PHARMACEUTICALS (BCRX) at $9.41 (closing last trade price) and sell 2 call Out-of-the-Money contracts of BIU KB (Nov$10.00) at $0.85 (closing bid price) expiring on 11/21/2009. Cost is $1,902, and income from sale of the calls is $157 and includes your commissions. Annualized return if called is 136%. Not called on November 21. Will now sell Dec10 at $0.65. Price at $9.55 and value at $2,184, up 15.4% on November 21 including sale of all calls.	$117		$8,160
Buy 200 shares of LIZ CLAIBORNE INC (LIZ) at $7.05 (closing last trade price) and sell 2 call Out-of-the-Money contracts of LIZ KU (Nov$7.50) at $0.65 (closing bid price) expiring on 11/21/2009. Cost is $1,430, and income from sale of the calls is $117 and includes your commissions. Annualized return if called is 133%. Exercised get-out price at $5.99 (-15%) on October 28 after buying back calls at $0.05. Proceeds $1,188 after commission. Final value including sale of all calls is $1,292, down (9.0%).	($23)		$9,325
Buy 200 shares of DEVELOPERS DIVERSIFIED (DDR) at $9.40 (closing last trade price) and sell 2 call Out-of-the-Money contracts of DDR KB (Nov$10.00) at $0.65 (closing bid price) expiring on 11/21/2009. Cost is $1,900, and income from sale of the calls is $117 and includes your commissions. Annualized return if called is 116%. Exercised get-out price at $7.99 (-15%) on November 4 after buying back calls at $0.05. Proceeds $1,588 after commission. Final value including sale of all calls is $1,692, down (10.5%).	($23)		$10,890
Buy 100 shares of TENNECO INC (TEN) at $14.29 (closing last trade price) and sell 1 call Out-of-the-Money contracts of TEN KC (Nov$15.00) at $1.00 (closing bid price) expiring on 11/21/2009. Cost is $1,449, and income from sale of the calls is $89 and includes your commissions. Annualized return if called is 98%. Called on November 21 at $15.00. Proceeds $1,490 after commission. Final value including sale of all calls is $1,579, up 9.7%			$12.380
From Aggressive "Stocks-to-Consider" November 21, 2009 and putting $2,000 in the money available field
Buy 200 shares of SIGA TECHNOLOGIES INC (SIGA) at $7.20 (closing last trade price) and sell 2 call Out-of-the-Money contracts of FKQ LB (Dec$10.00) at $0.30 (closing bid price) expiring on 12/19/2009. Cost is $1,450, and income from sale of the calls is $47 and includes your commissions. Annualized return if called is 537%.	$47	$1.450	$10.977
Buy 200 shares of IMMUNOGEN INC (IMGN) at $8.35 (closing last trade price) and sell 2 call Out-of-the-Money contracts of GMU LB (Dec$10.00) at $0.70 (closing bid price) expiring on 12/19/2009. Cost is $1,680, and income from sale of the calls is $127 and includes your commissions. Annualized return if called is 347%.	$127	$1.680	$9.424
Buy 300 shares of METROPCS COMMUNICATIONS INC. (PCS) at $6.52 (closing last trade price) and sell 3 call Out-of-the-Money contracts of PCS LU (Dec$7.50) at $0.30 (closing bid price) expiring on 12/19/2009. Cost is $1,966, and income from sale of the calls is $76 and includes your commissions. Annualized return if called is 239%.	$76	$1.966	$7.534
Buy 200 shares of MCMORAN EXPLORATION CO (MMR) at $7.09 (closing last trade price) and sell 2 call Out-of-the-Money contracts of MMR LU (Dec$7.50) at $0.45 (closing bid price) expiring on 12/19/2009. Cost is $1,428, and income from sale of the calls is $77 and includes your commissions. Annualized return if called is 136%.	$77	$1.428	$6.183
Buy 200 shares of ZOLTEK COMPANIES INC (ZOLT) at $9.46 (closing last trade price) and sell 2 call Out-of-the-Money contracts of LVQ LB (Dec$10.00) at $0.45 (closing bid price) expiring on 12/19/2009. Cost is $1,902, and income from sale of the calls is $77 and includes your commissions. Annualized return if called is 120%.	$77	$1.902	$4.358
Buy 200 shares of CHINA NATURAL GAS INC (CHNG) at $9.42 (closing last trade price) and sell 2 call Out-of-the-Money contracts of ZQH LB (Dec$10.00) at $0.40 (closing bid price) expiring on 12/19/2009. Cost is $1,894, and income from sale of the calls is $67 and includes your commissions. Annualized return if called is 119%.	$67	$1.894	$2.531
Buy 100 shares of TIVO INC (TIVO) at $10.66 (closing last trade price) and sell 1 call Out-of-the-Money contracts of TUK LV (Dec$12.50) at $0.25 (closing bid price) expiring on 12/19/2009. Cost is $1,076, and income from sale of the calls is $14 and includes your commissions. Annualized return if called is 228%.	$14	$1.076	$1.469
Buy 100 shares of UNIVERSAL TRAVEL GROUP (UTA) at $10.78 (closing last trade price) and sell 1 call Out-of-the-Money contracts of UTA LV (Dec$12.50) at $0.35 (closing bid price) expiring on 12/19/2009. Cost is $1,088, and income from sale of the calls is $24 and includes your commissions. Annualized return if called is 223%.	$24	$1.088	$405
Totals for November:	$507	$12.484	$405
Portfolio value at November 21 is $15,839*, up +58.4%. The S&P500 average for the year so far is up +28.4%