$100,0000 Retirement Portfolio Trades for November 2007
NOTE: We had temporarily suspended out get-out rule (at -15%) between July 25 and September 22, 2007 because of the volatility in the markets. We have reinstated the get-out rule effective September 22 (expiration weekend). Any open positions on any list or portfolio will be sold if their price drops 15% below the stock price at September 22.
| Income* | Cost* |
Balance |
|
|
From October: |
$5,191 |
||
| From Conservative "Stocks-to-Consider" for May 19, 2007 and putting $10,000 into the money available field. | |||
|
300 shares of AMR at $27.00 and sell 3 contracts of AMR FY (Jun$27.50) at $1.40 expiring on 6/16/2007. Not called in June. Price at $25.91 and value at $7,773 on 6/16/2007. Will now sell Jul27.5 at $0.80. Not called in July. Price at $26.63 and Value at $7,989 on 7/21/2007. Will now sell Aug27.5 at $1.15. Not called in September. Price at $24.26 and Value at $7,278 on 9/22/2007. Will now sell Oct27.5 at $0.35. Not called in October. Price at $23.16 and Value at $6,949 on 10/20/2007. Will now sell Nov27.5 at $0.35. Exercised get-out price at $22.95 (-15%) on November 8 after buying back calls at $0.05. Proceeds $6,865 after commission. |
($30) |
$12,056 |
|
| From Conservative "Stocks-to-Consider" for July 21, 2007 and putting $10,000 into the money available field. | |||
|
700 shares of AHM purchased in July at $12.80 and sell 7 contracts of AHM HC (Aug$15.00) at $0.75 expiring on 8/18/2007. This company went bankrupt as a result of the sub-prime mortgage blowup on August 10. This stock now trades with the symbol AHMMQ.PK . We will continue to hold this stock even though it has minimal value, to see if comes out of bankruptcy. Price at $0.40 and value at $280 at 8/18/2007. Price at $0.95 and value at $665 at 9/22/2007. Price at $0.50 and value at $350 at 10/20/2007. Sold all shares at $0.50 on November 6 to close out position. Proceeds $330 after commission. |
$12,386 |
||
| There were no purchases in August, 2007 | |||
| From Conservative "Stocks-to-Consider" for September 22, 2007 and putting $10,000 into the money available field. | |||
|
400 shares of RYL purchased in September at $23.98 and sell 4 contracts of RYL JE (Oct$25.00) at $1.25 expiring on 10/20/2007. Not called in October. Price at $23.91 and Value at $9,564 on 10/20/2007. Will now sell Nov27.5 at $0.60. Note that we have raised the strike price. Not called in November. Price at $25.97 and Value at $10,388 on 11/17/2007. Will now sell Nov27.5 at $1.25. |
$484 | Still own shares |
$12,386 |
|
Buy 400 shares of SKX purchased in September at $22.14 and sell 4 contracts of SKX JX (Oct$22.50) at $1.10 expiring on 10/20/2007. Not called in October. Price at $20.95 and Value at $8,380 on 10/20/2007. Will now sell Nov22.5 at $0.90. Not called in November. Price at $20.69 and Value at $8,276 on 11/17/2007. Will now sell Nov22.5 at $0.70. |
$264 | Still own shares |
$12,386 |
| From Conservative "Stocks-to-Consider" for October 20, 2007 and putting $10,000 into the money available field. | |||
|
300 shares of VCLK purchased in October at $25.98 and sell 3 contracts of QCS KF (Nov$30.00) at $1.40 expiring on 11/17/2007. Exercised get-out price at $22.08 (-15%) on November 8 after buying back calls at $0.05. Proceeds $6,604 after commission. |
($30) |
$18,990 |
|
|
400 shares of NFLX purchased in October at $23.24 and sell 4 contracts of QNQ KE (Nov$25.00) at $1.10expiring on 11/17/2007. Not called in November. Price at $23.80 and Value at $9,520 on 11/17/2007. Will now sell Nov25 at $0.75. |
$284 | Still own shares |
$18,990 |
|
400 shares of IDCC purchased in October at $21.09 and sell 4 contracts of DAQ KX (Nov$22.50) at $1.10 expiring on 11/17/2007. Not called in November. Price at $21.42 and Value at $8,568 on 11/17/2007. Will now sell Nov22.5 at $0.95. |
$364 | Still own shares |
$18,990 |
|
800 shares of STMP purchased in October at $11.95 and sell 8 contracts of JXQ KV (Nov$12.50) at $0.55 expiring on 11/17/2007. Not called in November. Price at $12.50 and Value at $10,000 on 11/17/2007. Will now sell Nov12.5 at $0.60. |
$458 | Still own shares |
$18,990 |
| From Conservative "Stocks-to-Consider" for November 17, 2007 and putting $10,000 into the money available field. | |||
|
Buy 800 shares of CFC at $12.07 (closing last trade price) and sell 8 contracts of CFC LC (Dec$15.00) at $0.35 (closing bid price) expiring on 12/22/2007. |
$258 | $9,676 |
$9,314 |
|
Buy 400 shares of VCLK at $22.23 (closing last trade price) and sell 4 contracts of QCS LX (Dec$22.50) at $1.75 (closing bid price) expiring on 12/22/2007. |
$684 | $8,912 |
$402 |
|
Totals for November: |
$2,766 |
$402 |
|
| Portfolio value at November 17, 2007 is $65,702 after $2,766 taken as income . |
*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 2007, 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.
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