$10,000 Monitored Aggressive Portfolio Trades for September 2005
| Call Premium | Cost | Balance | |
|
From Aug. |
$1,437 | ||
| 300 shares of EYET in August at $13.99 called at the strike price of $15.00 in September. Proceeds $4,490 after commission. | $5,927 | ||
| 300 shares of HGSI purchased in August at $13.43. Sell 3 Sep15 at $0.75 not called in September. Price at $12.98, Value at $3,894 on 9/16/05. Sell 3 Oct15 at $0.75. | $211 | $6,138 | |
| From Aggressive "Stocks-to-Consider" for September 18, 2005 | |||
| Buy 400 shares of NABI at $13.50. Sell 4 Oct15 at $1.45. | $564 | $5,430 | $1,272 |
|
Totals for September: |
$765 | $1,272 | |
| Portfolio value at September 18, 2005 after selling the calls is $10,566. We will review results on the weekend of October 22, 2005 (expiration weekend) and make additional trades as dictated by the Covered Call Analyzer. | |||
*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 March 16, 2005 (expiration weekend), Investment Enhancing Systems, Inc. initiated this $10,000 aggressive portfolio using the 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 $5,000 (the default value) 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 below lists details of stocks bought and calls sold, and when we held the stock or exercised our get-out price (-15%). 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.
Home | Short Course | How To | Who Are We |Try Analyzer | Results | Other Sites | Subscribe
© 1996-2008 Investment Enhancing Systems, Inc.- Incorporated in Illinois and registered in the Cook County