Covered Call Analyzer from Investment Enhancing Systems, Inc.

The Covered Call Analyzer

$100,0000 Retirement Portfolio Trades for June 20, 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.
Close Window

Income* Cost*
Balance

From May:

$6,028

From Conservative "Stocks-to-Consider" for April 18, 2009 and putting $10,000 into the money available field.

Buy 600 shares of RAYMOND JAMES FINANCIAL (RJF) at $16.28 (closing last trade price) and sell 6 call Out-of-the-Money contracts of RJF EW (May$17.50) at $1.05 (closing bid price) expiring on 5/16/2009. Cost is $9,788, and income from sale of the calls is $611 and includes your commissions. Annualized return if called is 176%.Not called on May 16. Will now sell Jun17.5 at $0.60. Price at $15.48 and value at $10,240 , up 4.6% on May 16 including sale of all calls. Not called on June 20. Will now sell Jul17.5 at $0.75. Price at $17.19 and value at $11,697 , up 19.5% on June 20 including sale of all calls. $431 $6,028

Buy 400 shares of HOLLY CORP (HOC) at $23.98 (closing last trade price) and sell 4 call Out-of-the-Money contracts of HOC EE (May$25.00) at $1.40 (closing bid price) expiring on 5/16/2009. Cost is $9,612, and income from sale of the calls is $544 and includes your commissions. Annualized return if called is 126%. Not called on May 16. Will now sell Jun25 at $1.00. Price at $23.53 and value at $10,340 , up 7.6% on May 16 including sale of all calls. Exercised get-out price at $20.38 (-15%) on June 16 after buying back calls at $0.05. Proceeds $8,152 after commission. Final value including sale of all calls is $9,044, down (5.9%). ($36) $14,180

Buy 400 shares of HCP INC (HCP) at $21.79 (closing last trade price) and sell 4 call Out-of-the-Money contracts of HCP EX (May$22.50) at $1.40 (closing bid price) expiring on 5/16/2009. Cost is $8,736, and income from sale of the calls is $544 and includes your commissions. Annualized return if called is 121%. Not called on May 16. Will now sell Jun22.5 at $0.80. Price at $20.60 and value at $9,088 , up 4.0% on May 16 including sale of all calls. Not called on June 20. Will now sell Jul22.5 at $0.40. Price at $20.75 and value at $9,292 , up 6.4% on June 20 including sale of all calls. $144 $14,180

Buy 400 shares of GARMIN LTD (GRMN) at $22.00 (closing last trade price) and sell 4 call Out-of-the-Money contracts of GQR EX (May$22.50) at $1.40 (closing bid price) expiring on 5/16/2009. Cost is $8,820, and income from sale of the calls is $544 and includes your commissions. Annualized return if called is 107%. Not called on May 16. Will now sell Jun22.5 at $0.55. Price at $20.74 and value at $9,044 , up 2.5% on May 16 including sale of all calls. Not called on June 20. Will now sell Jul22.5 at $1.05. Price at $22.27 and value at $10,060 , up 14.1% on June 20 including sale of all calls. $404 $14,180

Buy 400 shares of GUESS? INC (GES) at $24.44 (closing last trade price) and sell 4 call Out-of-the-Money contracts of GES EE (May$25.00) at $1.30 (closing bid price) expiring on 5/16/2009. Cost is $9,796, and income from sale of the calls is $504 and includes your commissions. Annualized return if called is 94%. Not called on May 16. Will now sell Jun25 at $0.95. Price at $22.62 and value at $9,916 , up 1.2% on May 16 including sale of all calls. Not called on June 20. Will now sell Jul25 at $1.40. Price at $24.76 and value at $11,316 , up 15.5% on June 20 including sale of all calls. $544 $14,180

Buy 300 shares of TERRA INDUSTRIES INC (TRA) at $28.19 (closing last trade price) and sell 3 call Out-of-the-Money contracts of TRA EF (May$30.00) at $1.40 (closing bid price) expiring on 5/16/2009. Cost is $8,477, and income from sale of the calls is $406 and includes your commissions. Annualized return if called is 143%.
Not called on May 16. Will now sell Jun30 at $1.65. Price at $28.36 and value at $9,394 , up 10.8% on May 16 including sale of all calls. Not called on June 20. Will now sell Jul30 at $0.55. Price at $26.00 and value at $8,837 , up 4.2% on June 20 including sale of all calls.
$151 $14,180

From Conservative "Stocks-to-Consider" for May 16, 2009 and putting $10,000 into the money available field.

Buy 1500 shares of EAGLE BULK SHIPPING INC (EGLE) at $6.59 (closing last trade price) and sell 15 call Out-of-the-Money contracts of QEK FU (Jun$7.50) at $0.55 (closing bid price) expiring on 6/20/2009. Cost is $9,905, and income from sale of the calls is $793 and includes your commissions. Annualized return if called is 225%. Exercised get-out price at $5.60 (-15%) on June 17 after buying back calls at $0.05. Proceeds $8,380 after commission. Final value including sale of all calls is $9,085, down (8.3%).
($108) $22,560

Buy 600 shares of BARCLAYS PLC ADR (BCS) at $15.86 (closing last trade price) and sell 6 call Out-of-the-Money contracts of BCS FW (Jun$17.50) at $1.15 (closing bid price) expiring on 6/20/2009. Cost is $9,536, and income from sale of the calls is $671 and includes your commissions. Annualized return if called is 179%. Called on June 20 at $17.50. Proceeds $10,480 after commission. Total return including call premium is $11,151, up 16.9%.
$33,040

Buy 600 shares of ROYAL CARIBBEAN CRUISES (RCL) at $14.30 (closing last trade price) and sell 6 call Out-of-the-Money contracts of RCL FC (Jun$15.00) at $1.20 (closing bid price) expiring on 6/20/2009. Cost is $8,600, and income from sale of the calls is $701 and includes your commissions. Annualized return if called is 134%.Exercised get-out price at $12.16 (-15%) on June 17 after buying back calls at $0.05. Proceeds $7,296 after commission. Final value including sale of all calls is $7,997, down (7.0%).
($48) $40,336

Buy 400 shares of GOODRICH PETROL CORP (GDP) at $23.11 (closing last trade price) and sell 4 call Out-of-the-Money contracts of GDP FE (Jun$25.00) at $1.50 (closing bid price) expiring on 6/20/2009. Cost is $9,264, and income from sale of the calls is $584 and includes your commissions. Annualized return if called is 149%. Called on June 20 at $25.00. Proceeds $9,980 after commission. Total return including call premium is $10,564, up 14.3%.
$50,316

Buy 600 shares of TRINITY INDUSTRIES INC (TRN) at $14.41 (closing last trade price) and sell 6 call Out-of-the-Money contracts of TRN FC (Jun$15.00) at $1.00 (closing bid price) expiring on 6/20/2009. Cost is $8,666, and income from sale of the calls is $581 and includes your commissions. Annualized return if called is 110%. Not called on June 20. Will now sell Jul15 at $0.20. Price at $13.35 and value at $8,692 , up 0.3% on June 20 including sale of all calls.
$101 $50,316

From Conservative "Stocks-to-Consider" for June 20, 2009 and putting $10,000 into the money available field.

Buy 1500 shares of HUNTSMAN CORP (HUN) at $6.36 (closing last trade price) and sell 15 call Out-of-the-Money contracts of HUN GU (Jul$7.50) at $0.60 (closing bid price) expiring on 7/18/2009. Cost is $9,560, and income from sale of the calls is $868 and includes your commissions. Annualized return if called is 349%.
$868 $9,560 $40,756

Buy 1000 shares of MECHEL OAO (MTL) at $9.29 (closing last trade price) and sell 10 call Out-of-the-Money contracts of MTL GB (Jul$10.00) at $0.65 (closing bid price) expiring on 7/18/2009. Cost is $9,310, and income from sale of the calls is $625 and includes your commissions. Annualized return if called is 184%.
$625 $9,310 $31,446

Buy 700 shares of ROYAL CARIBBEAN CRUISES (RCL) at $14.02 (closing last trade price) and sell 7 call Out-of-the-Money contracts of RCL GC (Jul$15.00) at $0.65 (closing bid price) expiring on 7/18/2009. Cost is $9,834, and income from sale of the calls is $435 and includes your commissions. Annualized return if called is 146%.
$435 $9,834 $21,612

Buy 400 shares of NEXEN INC (NXY) at $21.34 (closing last trade price) and sell 4 call Out-of-the-Money contracts of NXY GX (Jul$22.50) at $0.90 (closing bid price) expiring on 7/18/2009. Cost is $8,556, and income from sale of the calls is $344 and includes your commissions. Annualized return if called is 120%.
$344 $8,556 $13,026

Buy 600 shares of DIANA SHIPPING INC (DSX) at $14.36 (closing last trade price) and sell 6 call Out-of-the-Money contracts of DSX GC (Jul$15.00) at $0.70 (closing bid price) expiring on 7/18/2009. Cost is $8,636, and income from sale of the calls is $401 and includes your commissions. Annualized return if called is 115%.
$401 $8,636 $4,420

Totals for June:
$4,256 $45,896 $4,420

Taking $2,000 out as income total leaves $2,256 that will be added to cash balance:
$6,676

Portfolio value at June 20, 2009 is $115,039* after $12,000 taken as income in six months. Total return including income is $127,039*, up 27.0% The DOW average for the year so far is up 3.1%.

*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.

Starting on January 17, 2009, Investment Enhancing Systems, Inc. provided this retirement portfolio using the stocks identified in our Conservative "Stocks-to-Consider" list. We started by investing $100,000 in stock buy/writes identified by the Covered Call Analyzer on expiration weekend for January 17, 2009.Since it is a retirement portfolio, we take $2,000 premium income each month as income. We reinvest (keep in the portfolio) stock price appreciation to the strike price and the balance of call premium. Our objective is to maintain and grow the portfolio while maintaining a monthly income of $2,000. We will update this portfolio each month on expiration weekend, using the Analyzer, to find more buy/writes using the monies realized from called or "get-out" sales.

	Income*	Cost*	Balance
From May:			$6,028
From Conservative "Stocks-to-Consider" for April 18, 2009 and putting $10,000 into the money available field.
Buy 600 shares of RAYMOND JAMES FINANCIAL (RJF) at $16.28 (closing last trade price) and sell 6 call Out-of-the-Money contracts of RJF EW (May$17.50) at $1.05 (closing bid price) expiring on 5/16/2009. Cost is $9,788, and income from sale of the calls is $611 and includes your commissions. Annualized return if called is 176%.Not called on May 16. Will now sell Jun17.5 at $0.60. Price at $15.48 and value at $10,240 , up 4.6% on May 16 including sale of all calls. Not called on June 20. Will now sell Jul17.5 at $0.75. Price at $17.19 and value at $11,697 , up 19.5% on June 20 including sale of all calls.	$431		$6,028
Buy 400 shares of HOLLY CORP (HOC) at $23.98 (closing last trade price) and sell 4 call Out-of-the-Money contracts of HOC EE (May$25.00) at $1.40 (closing bid price) expiring on 5/16/2009. Cost is $9,612, and income from sale of the calls is $544 and includes your commissions. Annualized return if called is 126%. Not called on May 16. Will now sell Jun25 at $1.00. Price at $23.53 and value at $10,340 , up 7.6% on May 16 including sale of all calls. Exercised get-out price at $20.38 (-15%) on June 16 after buying back calls at $0.05. Proceeds $8,152 after commission. Final value including sale of all calls is $9,044, down (5.9%).	($36)		$14,180
Buy 400 shares of HCP INC (HCP) at $21.79 (closing last trade price) and sell 4 call Out-of-the-Money contracts of HCP EX (May$22.50) at $1.40 (closing bid price) expiring on 5/16/2009. Cost is $8,736, and income from sale of the calls is $544 and includes your commissions. Annualized return if called is 121%. Not called on May 16. Will now sell Jun22.5 at $0.80. Price at $20.60 and value at $9,088 , up 4.0% on May 16 including sale of all calls. Not called on June 20. Will now sell Jul22.5 at $0.40. Price at $20.75 and value at $9,292 , up 6.4% on June 20 including sale of all calls.	$144		$14,180
Buy 400 shares of GARMIN LTD (GRMN) at $22.00 (closing last trade price) and sell 4 call Out-of-the-Money contracts of GQR EX (May$22.50) at $1.40 (closing bid price) expiring on 5/16/2009. Cost is $8,820, and income from sale of the calls is $544 and includes your commissions. Annualized return if called is 107%. Not called on May 16. Will now sell Jun22.5 at $0.55. Price at $20.74 and value at $9,044 , up 2.5% on May 16 including sale of all calls. Not called on June 20. Will now sell Jul22.5 at $1.05. Price at $22.27 and value at $10,060 , up 14.1% on June 20 including sale of all calls.	$404		$14,180
Buy 400 shares of GUESS? INC (GES) at $24.44 (closing last trade price) and sell 4 call Out-of-the-Money contracts of GES EE (May$25.00) at $1.30 (closing bid price) expiring on 5/16/2009. Cost is $9,796, and income from sale of the calls is $504 and includes your commissions. Annualized return if called is 94%. Not called on May 16. Will now sell Jun25 at $0.95. Price at $22.62 and value at $9,916 , up 1.2% on May 16 including sale of all calls. Not called on June 20. Will now sell Jul25 at $1.40. Price at $24.76 and value at $11,316 , up 15.5% on June 20 including sale of all calls.	$544		$14,180
Buy 300 shares of TERRA INDUSTRIES INC (TRA) at $28.19 (closing last trade price) and sell 3 call Out-of-the-Money contracts of TRA EF (May$30.00) at $1.40 (closing bid price) expiring on 5/16/2009. Cost is $8,477, and income from sale of the calls is $406 and includes your commissions. Annualized return if called is 143%. Not called on May 16. Will now sell Jun30 at $1.65. Price at $28.36 and value at $9,394 , up 10.8% on May 16 including sale of all calls. Not called on June 20. Will now sell Jul30 at $0.55. Price at $26.00 and value at $8,837 , up 4.2% on June 20 including sale of all calls.	$151		$14,180
From Conservative "Stocks-to-Consider" for May 16, 2009 and putting $10,000 into the money available field.
Buy 1500 shares of EAGLE BULK SHIPPING INC (EGLE) at $6.59 (closing last trade price) and sell 15 call Out-of-the-Money contracts of QEK FU (Jun$7.50) at $0.55 (closing bid price) expiring on 6/20/2009. Cost is $9,905, and income from sale of the calls is $793 and includes your commissions. Annualized return if called is 225%. Exercised get-out price at $5.60 (-15%) on June 17 after buying back calls at $0.05. Proceeds $8,380 after commission. Final value including sale of all calls is $9,085, down (8.3%).	($108)		$22,560
Buy 600 shares of BARCLAYS PLC ADR (BCS) at $15.86 (closing last trade price) and sell 6 call Out-of-the-Money contracts of BCS FW (Jun$17.50) at $1.15 (closing bid price) expiring on 6/20/2009. Cost is $9,536, and income from sale of the calls is $671 and includes your commissions. Annualized return if called is 179%. Called on June 20 at $17.50. Proceeds $10,480 after commission. Total return including call premium is $11,151, up 16.9%.			$33,040
Buy 600 shares of ROYAL CARIBBEAN CRUISES (RCL) at $14.30 (closing last trade price) and sell 6 call Out-of-the-Money contracts of RCL FC (Jun$15.00) at $1.20 (closing bid price) expiring on 6/20/2009. Cost is $8,600, and income from sale of the calls is $701 and includes your commissions. Annualized return if called is 134%.Exercised get-out price at $12.16 (-15%) on June 17 after buying back calls at $0.05. Proceeds $7,296 after commission. Final value including sale of all calls is $7,997, down (7.0%).	($48)		$40,336
Buy 400 shares of GOODRICH PETROL CORP (GDP) at $23.11 (closing last trade price) and sell 4 call Out-of-the-Money contracts of GDP FE (Jun$25.00) at $1.50 (closing bid price) expiring on 6/20/2009. Cost is $9,264, and income from sale of the calls is $584 and includes your commissions. Annualized return if called is 149%. Called on June 20 at $25.00. Proceeds $9,980 after commission. Total return including call premium is $10,564, up 14.3%.			$50,316
Buy 600 shares of TRINITY INDUSTRIES INC (TRN) at $14.41 (closing last trade price) and sell 6 call Out-of-the-Money contracts of TRN FC (Jun$15.00) at $1.00 (closing bid price) expiring on 6/20/2009. Cost is $8,666, and income from sale of the calls is $581 and includes your commissions. Annualized return if called is 110%. Not called on June 20. Will now sell Jul15 at $0.20. Price at $13.35 and value at $8,692 , up 0.3% on June 20 including sale of all calls.	$101		$50,316
From Conservative "Stocks-to-Consider" for June 20, 2009 and putting $10,000 into the money available field.
Buy 1500 shares of HUNTSMAN CORP (HUN) at $6.36 (closing last trade price) and sell 15 call Out-of-the-Money contracts of HUN GU (Jul$7.50) at $0.60 (closing bid price) expiring on 7/18/2009. Cost is $9,560, and income from sale of the calls is $868 and includes your commissions. Annualized return if called is 349%.	$868	$9,560	$40,756
Buy 1000 shares of MECHEL OAO (MTL) at $9.29 (closing last trade price) and sell 10 call Out-of-the-Money contracts of MTL GB (Jul$10.00) at $0.65 (closing bid price) expiring on 7/18/2009. Cost is $9,310, and income from sale of the calls is $625 and includes your commissions. Annualized return if called is 184%.	$625	$9,310	$31,446
Buy 700 shares of ROYAL CARIBBEAN CRUISES (RCL) at $14.02 (closing last trade price) and sell 7 call Out-of-the-Money contracts of RCL GC (Jul$15.00) at $0.65 (closing bid price) expiring on 7/18/2009. Cost is $9,834, and income from sale of the calls is $435 and includes your commissions. Annualized return if called is 146%.	$435	$9,834	$21,612
Buy 400 shares of NEXEN INC (NXY) at $21.34 (closing last trade price) and sell 4 call Out-of-the-Money contracts of NXY GX (Jul$22.50) at $0.90 (closing bid price) expiring on 7/18/2009. Cost is $8,556, and income from sale of the calls is $344 and includes your commissions. Annualized return if called is 120%.	$344	$8,556	$13,026
Buy 600 shares of DIANA SHIPPING INC (DSX) at $14.36 (closing last trade price) and sell 6 call Out-of-the-Money contracts of DSX GC (Jul$15.00) at $0.70 (closing bid price) expiring on 7/18/2009. Cost is $8,636, and income from sale of the calls is $401 and includes your commissions. Annualized return if called is 115%.	$401	$8,636	$4,420
Totals for June:	$4,256	$45,896	$4,420
Taking $2,000 out as income total leaves $2,256 that will be added to cash balance:			$6,676
Portfolio value at June 20, 2009 is $115,039* after $12,000 taken as income in six months. Total return including income is *$127,039,** up 27.0% The DOW average for the year so far is up 3.1%.