Covered Call Analyzer from Investment Enhancing Systems, Inc.

Close Window

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.

	Income*	Cost*	Balance
Cash balance from February:			$5,495
400 shares of INSP purchased in January at $23.03 and sell 4 contracts of IOU BF (Feb$30.00) at $0.30 expiring on 2/18/2006. Not called in February. Price at $23.41 and value $9,364 on 2/17/2006. Sell 4 IOU CE (Mar$25.00) at $0.45. Note that we have lowered the strike price to 25 since it is still above the original purchase and the premium is better for generating income. Not called in February. Called at $25.00 in March. Proceeds $9,980 after commission.			$15,475
900 shares of IIJI purchased in January at $10.56 and sell 9 contracts of IQD BV (Feb$12.50) at $0.35 expiring on 2/18/2006. Not called in February. Price at $10.02 and value $9,018 on 2/17/2006. Exercised get-out price at $8.98 on 3/7/2006 after buying back calls at $0.05. Proceeds $8,062 after commission.	($69)		$23,537
400 shares of SINA purchased in January at $22.24 and sell 4 contracts of NOQ BE (Feb$25.00) at $0.60 expiring on 2/18/2006. Not called in February. Price at $22.52 and value $9,008 on 2/17/2006. Sell 4 NOQ CE (Mar$25.00) at $0.30. Called at $25.00 in March. Proceeds $9,980 after commission.			$33,517
600 shares of SNDA purchased in January at $15.89 and sell 6 contracts of QKU BW (Feb$17.50) at $0.75 expiring on 2/18/2006. Not called in February. Price at $15.38 and value $9,228 on 2/17/2006. Sell 6 QKU CW (Mar$17.50) at $0.50. Exercised get-out price at $13.51 on 2/28/2006 after buying back calls at $0.20. Proceeds $8,086 after commission.	($136)		$41,603
400 shares of COGT purchased in January at $23.02 and sell 4 contracts of QAO BE (Feb$25.00) at $0.55 expiring on 2/18/2006. Not called in February. Price at $22.43 and value $8,972 on 2/17/2006. Sell 4 QAO CE (Mar$25.00) at $0.40. Exercised get-out price at $19.57 on 3/3/2006 after buying back calls at $0.20. Proceeds $7,808 after commission.	($96)		$49,411
500 shares of ALTR purchased in January at $18.53 and sell 5 contracts of LTQ BD (Feb$20.00) at $0.45 expiring on 2/18/2006. Not called in February. Price at $19.92 and value $9,960 on 2/17/2006. Sell 5 LTQ CD (Mar$20.00) at $0.65. Not called in March. Price at $19.84 and value $9,920 on 3/17/2006. Sell 5 LTQ DD (Apr20) at $0.60.	+$283	Still own shares	$49,411
500 shares of BCSI purchased in February at $19.25 and sell 5 contracts of IYU CX (Mar$22.50) at $0.30 expiring on 3/18/2006. Not called in March. Price at $19.50 and value $9,750 on 3/17/2006. Sell 5 IYU DD (Apr$20.00) at $1.05. Note that we lowered the strike price to 20 since it is above the original purchase price.	+$508	Still own shares	$49,411
500 shares of VCLK purchased in February at $17.16 and sell 5 contracts of QCS CD (Mar$20.00) at $0.25 expiring on 3/18/2006. Not called in March. Price at $16.42 and value $8,210 on 3/17/2006. Sell 5 QCS DW (Apr17.5) at $0.35.	+$158	Still own shares	$49,411
600 shares of TTWO purchased in February at $15.88 and sell 6 contracts of TUO CW (Mar$17.50) at $0.70 expiring on 3/18/2006. Not called in March. Price at $15.80 and value $9,480 on 3/17/2006. Sell 6 TUO DW (Mar$12.50) at $0.30.	+$163	Still own shares	$49,411
600 shares of CNTF purchased in February at $15.83 and sell 6 contracts of CQF CW (Mar$17.50) at $0.60 expiring on 3/18/2006. Exercised get-out price at $13.46 on 2/21/2006 after buying back calls at $0.25. Proceeds $8,056 after commission.	($168)		$57,467
From Conservative "Stocks-to-Consider" for March 18, 2006
Buy 600 shares of TTWO at $15.80 (closing last trade price) and sell 6 contracts of TUO DW (Apr$17.50) at $0.30 (closing bid price) expiring on 4/22/2006.	+$170	$9,500	$47,967
Buy 700 shares of HOTT at $13.77 (closing last trade price) and sell 7 contracts of UHO DC (Apr$15.00) at $0.25 (closing bid price) expiring on 4/22/2006.	+$165	$9,659	$38,308
Buy 600 shares of ITWO at $16.14 (closing last trade price) and sell 6 contracts of JQ DW (Apr$17.50) at $0.35 (closing bid price) expiring on 4/22/2006.	+$200	$9,704	$28,604
Buy 700 shares of TARO at $14.25 (closing last trade price) and sell 7 contracts of QTT DC (Apr$15.00) at $0.65 (closing bid price) expiring on 4/22/2006.	+$445	$9,995	$18,609
Buy 600 shares of AXL at $16.23 (closing last trade price) and sell 6 contracts of AXL DW (Apr$17.50) at $0.30 (closing bid price) expiring on 4/22/2006.	+$170	$9,758	$8,851
Buy 500 shares of CNCT at $16.80 (closing last trade price) and sell 5 contracts of UXU DW (Apr$17.50) at $0.65 (closing bid price) expiring on 4/22/2006.	+$315	$8,420	$431
Totals for March:	$2,444
Portfolio value at March 22, 2006 is $94,947 after $2,444 taken as income.

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.