$100,0000 Retirement Portfolio Trades for March 2008
This is a rolling portfolio and we will look at open positions and make new trades using monies from called positions each month on expiration weekend.
| Income* | Cost* |
Balance |
|
|
Balance from February: |
$7,183 |
||
| From Conservative "Stocks-to-Consider" for January 19, 2008 and putting $10,000 into the money available field. | |||
|
500 shares of EJ purchased in January at $17.81 and sell 4 contracts of EJ BD (Feb$20.00) at $1.20 expiring on 2/16/2008. Not called on February 16, 2008 expiration weekend), price at $17.71, and value including call premium is $10,120, up +13.4%. Will now sell Mar20 at $1.40 expiring on March 22, 2008. Exercised get-out price at $15.14 (-15%) on March 4 after buying back calls at $0.05. Proceeds $7,570 after commission. |
($43) | . |
$14,753 |
|
400 shares of SNCR purchased in January at $21.51 and sell 4 contracts of QQR BX (Feb$22.50) at $1.95 expiring on 2/16/2008. Not called on February 16, 2008 expiration weekend), price at $18.66, and value including call premium is $8,412, down (2.5%). Will now sell Mar22.5 at $0.50 expiring on March 22, 2008. Exercised get-out price at $18.28 (-15%) on February 20 after buying back calls at $0.05. Proceeds $7,292 after commission. |
($36) | . |
$22,045 |
|
400 shares of CY purchased in January at $23.17 and sell 4 contracts of CY BE (Feb$25.00) at $1.30 expiring on 2/16/2008. Not called on February 16, 2008 expiration weekend), price at $23.65, and value including call premium is $10,388, up +11.8%. Will now sell Mar25 at $1.10 expiring on March 22, 2008. Exercised get-out price at $19.69 (-15%) on March 10 after buying back calls at $0.05. Proceeds $7,876 after commission. |
($36) | . |
$29,921 |
|
500 shares of GRA purchased in January at $17.52 and sell 5 contracts of GRA BX (Feb$22.50) at $0.60 expiring on 2/16/2008. Not called on February 16, 2008 expiration weekend), price at $22.02, and value including call premium is $12,375, up +40.9%. Will now sell Mar22.5 at $2.20 expiring on March 22, 2008. Not called on March 22, 2008 expiration weekend), price at $21.67, and value including call premium is $12,957, up +47.6%. Will now sell Apr22.5 at $1.55 expiring on March 22, 2008. |
$758 | still own shares |
$29,921 |
|
300 shares of SNDA purchased in January at $26.70 and sell 3 contracts of QKU Bf (Feb$30.00) at $0.90 expiring on 2/16/2008. Not called on February 16, 2008 expiration weekend), price at $28.26, and value including call premium is $9,169, up +14.2%. Will now sell Mar30 at $1.50 expiring on March 22, 2008. Not called on March 22, 2008 expiration weekend), price at $26.68, and value including call premium is $8,831, up +10.0%. Will now sell Apr30 at $0.50 expiring on March 22, 2008. |
$136 | still own shares |
$29,921 |
| From Conservative "Stocks-to-Consider" for February 16, 2008 and putting $10,000 into the money available field. | |||
|
400 shares of NTRI at $23.11 and sell 4 contracts of NSI CF (Mar$30.00) at $1.15 expiring on 3/22/2008. Stock tanked on February 20. Held for five trading days, anticipating bounce, and then sold all shares at $15.32 on February 27. Proceeds $6,108 after commission. |
. | . |
$36,029 |
|
300 shares of FNM at $29.39 and sell 3 contracts of FNM CG (Mar$35.00) at $1.05 expiring on 3/22/2008. Exercised get-out price at $24.98 (-15%) on March 4 after buying back calls at $0.05. Proceeds $7,474 after commission. |
($25) | . |
$43,503 |
|
700 shares of FMD at $13.64 and sell 7 contracts of FMD CC (Mar$15.00) at $0.80 expiring on 3/22/2008. Exercised get-out price at $11.59 (-15%) on March 6 after buying back calls at $0.05. Proceeds $8,113 after commission. |
($53) | . |
$51,596 |
|
400 shares of VCLK at $22.41 and sell 4 contracts of QCS CE (Mar$25.00) at $0.70 expiring on 3/22/2008. Exercised get-out price at $19.31 (-15%) on March 3 after buying back calls at $0.05. Proceeds $7,704 after commission. |
($36) | . |
$59,300 |
|
500 shares of FHN at $18.46 and sell 5 contracts of FHN CD (Mar$20.00) at $0.85 expiring on 3/22/2008. Not called on March 22, 2008 expiration weekend), price at $17.17, and value including call premium is $9,250, up +0.0%. Will now sell Apr20 at $0.55 expiring on March 22, 2008. |
$258 | still own shares |
$59,300 |
|
500 shares of IDCC at $18.76 and sell 5 contracts of DAQ CD (Mar$20.00) at $0.90 expiring on 3/22/2008. Not called on March 22, 2008 expiration weekend), price at $19.46, and value including call premium is $10,745, up +14.3%. Will now sell Apr20 at $1.20 expiring on March 22, 2008. |
$583 | still own shares |
$59,300 |
| From Conservative "Stocks-to-Consider" for March 22, 2008 and putting $10,000 into the money available field. | |||
|
Buy 900 shares of NWA at $10.04 (closing last trade price) and sell 9 contracts of NWA DV (Apr$12.50) at $0.75 (closing bid price) expiring on 4/19/2008. |
$652 | $9,056 |
$50,244 |
|
Buy 900 shares of CSE at $10.23 (closing last trade price) and sell 9 contracts of CSE DV (Apr$12.50) at $0.75 (closing bid price) expiring on 4/19/2008. |
$652 | $9,227 |
$41,017 |
|
Buy 600 shares of TSRA at $14.62 (closing last trade price) and sell 6 contracts of TJQ DW (Apr$17.50) at $1.25 (closing bid price) expiring on 4/19/2008. |
$731 | $8,792 |
$32,225 |
|
Buy 400 shares of SRZ at $20.45 (closing last trade price) and sell 4 contracts of SRZ DE (Apr$25.00) at $0.80 (closing bid price) expiring on 4/19/2008. |
$304 | $8,200 |
$24,025 |
|
Buy 600 shares of JEF at $16.61 (closing last trade price) and sell 6 contracts of JEF DD (Apr$20.00) at $0.60 (closing bid price) expiring on 4/19/2008. |
$341 | $9,986 |
$14,039 |
|
Buy 600 shares of YGE at $14.73 (closing last trade price) and sell 6 contracts of YGE DW (Apr$17.50) at $0.65 (closing bid price) expiring on 4/19/2008. |
$371 | $8,858 |
$5,181 |
|
Totals for March: |
$4,377 |
$5,181 |
|
| Portfolio value at March 22, 2008 is $96,352* after $15,398 taken as income in three months. Total return including income is $111,750*, up 11.8%. |
*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 in January 2008, 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 2007.Since it is a retirement portfolio, we take the premium income each month as income. We reinvest (keep in the portfolio) stock price appreciation to the strike price. Our objective is to maintain and grow the portfolio while maintaining a monthly income of over $2000. 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.
Subscriber Home | Strategy | Run Analyzer | Latest Updates | Results | Home
© 1996-2008 Investment Enhancing Systems, Inc.- Incorporated in Illinois and registered in the Cook County