Covered Call Analyzer from Investment Enhancing Systems, Inc.

The Covered Call Analyzer

$100,0000 Retirement Portfolio Trades for September 19, 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.
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Income* Cost*
Balance

From August:

$2,421

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

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%. Not called on July 18. Will now sell Aug15 at $0.35. Price at $19.72 and value at $8,356 , down (2.3%) on July 18 including sale of all calls. Not called on August 22. Will now sell Sep22.5 at $0.50. Price at $21.38 and value at $9,204 , up 7.6% on August 22 including sale of all calls. Called on September 19 at $22.50. Proceeds $8,980 after commission. Total return including call premium is $9,632 up 12.6%.
$11,401

From Conservative "Stocks-to-Consider" for August 22, 2009 and putting $10,000 into the money available field.

Buy 500 shares of ROYAL CARIBBEAN CRUISES (RCL) at $19.22 (closing last trade price) and sell 5 call Out-of-the-Money contracts of RCL IX (Sep$22.50) at $0.40 (closing bid price) expiring on 9/19/2009. Cost is $9,630, and income from sale of the calls is $183 and includes your commissions. Annualized return if called is 244%. Called on September 19 at $22.50. Proceeds $11,230 after commission. Total return including call premium is $11,413 up 18.5%.
$22,631

Buy 1100 shares of DAKTRONICS INC (DAKT) at $9.02 (closing last trade price) and sell 11 call Out-of-the-Money contracts of QKC IB (Sep$10.00) at $0.30 (closing bid price) expiring on 9/19/2009. Cost is $9,942, and income from sale of the calls is $304 and includes your commissions. Annualized return if called is 179%. Not called on September 19. Sold all shares at $8.11 to close out position on September 19. Proceeds $8,901 after commission. Value at $9,225, down (7.2%), including sale of all calls.
$31,532

Buy 800 shares of MECHEL OAO (MTL) at $11.71 (closing last trade price) and sell 8 call Out-of-the-Money contracts of MTL IV (Sep$12.50) at $0.70 (closing bid price) expiring on 9/19/2009. Cost is $9,388, and income from sale of the calls is $538 and includes your commissions. Annualized return if called is 160%. Called on September 19 at $12.50. Proceeds $9,980 after commission. Total return including call premium is $10,518 up 12.0%.
$41,512

Buy 700 shares of CHINA UNICOM (HK) LTD (CHU) at $14.18 (closing last trade price) and sell 7 call Out-of-the-Money contracts of CHU IC (Sep$15.00) at $0.45 (closing bid price) expiring on 9/19/2009. Cost is $9,946, and income from sale of the calls is $295 and includes your commissions. Annualized return if called is 111%.Not called on September 19. Will now sell Oct15 at $0.55. Price at $14.70 and value at $10,949,up 11.8% including sale of all calls.
$364 $41,512

Buy 400 shares of PENN VIRGINIA CORP (PVA) at $22.02 (closing last trade price) and sell 4 call Out-of-the-Money contracts of PVA IX (Sep$22.50) at $1.00 (closing bid price) expiring on 9/19/2009. Cost is $8,828, and income from sale of the calls is $384 and includes your commissions. Annualized return if called is 82%. Exercised get-out price at $18.72 (-15%) on September 1 after buying back calls at $0.05. Proceeds $7,468 after commission. Final value including sale of all calls is $7,836, down (11.2%).
$48,980

Buy 600 shares of AMERICAN EAGLE OUTFITTER (AEO) at $14.67 (closing last trade price) and sell 6 call Out-of-the-Money contracts of AEO IC (Sep$15.00) at $0.60 (closing bid price) expiring on 9/19/2009. Cost is $8,822, and income from sale of the calls is $341 and includes your commissions. Annualized return if called is 77%. Called on September 19 at $15.00. Proceeds $8,980 after commission. Total return including call premium is $9,321 up 5.7%.
$57,960

Buy 200 shares of SASOL LTD ADR (SSL) at $39.05 (closing last trade price) and sell 2 call Out-of-the-Money contracts of SSL IH (Sep$40.00) at $1.45 (closing bid price) expiring on 9/19/2009. Cost is $7,830, and income from sale of the calls is $277 and includes your commissions. Annualized return if called is 74%. Called on September 19 at $40.00. Proceeds $7,980 after commission. Total return including call premium is $8,257 up 5.5%.
$65,940

Buy 200 shares of POLARIS INDUSTRIES INC (PII) at $39.05 (closing last trade price) and sell 2 call Out-of-the-Money contracts of PII IH (Sep$40.00) at $1.35 (closing bid price) expiring on 9/19/2009. Cost is $7,830, and income from sale of the calls is $257 and includes your commissions. Annualized return if called is 71%. Called on September 19 at $40.00. Proceeds $7,980 after commission. Total return including call premium is $8,237 up 5.2%.
$73,920

Buy 400 shares of ROWAN COMPANIES INC (RDC) at $22.11 (closing last trade price) and sell 4 call Out-of-the-Money contracts of RDC IX (Sep$22.50) at $0.85 (closing bid price) expiring on 9/19/2009. Cost is $8,864, and income from sale of the calls is $324 and includes your commissions. Annualized return if called is 68%. Called on September 19 at $22.50. Proceeds $8,980 after commission. Total return including call premium is $9,304 up 5.0%.
$82,900

Buy 300 shares of FAMILY DOLLAR STORES INC (FDO) at $29.72 (closing last trade price) and sell 3 call Out-of-the-Money contracts of FDO IF (Sep$30.00) at $0.95 (closing bid price) expiring on 9/19/2009. Cost is $8,936, and income from sale of the calls is $271 and includes your commissions. Annualized return if called is 49%. Not called on September 19. Sold all shares at $26.42 to close out position on September 19. Proceeds $7,906 after commission. Value at $8,197, down (8.3%), including sale of all calls.
$90,806

Buy 200 shares of COVIDIEN PLC (COV) at $39.63 (closing last trade price) and sell 2 call Out-of-the-Money contracts of COV IH (Sep$40.00) at $1.00 (closing bid price) expiring on 9/19/2009. Cost is $7,946, and income from sale of the calls is $187 and includes your commissions. Annualized return if called is 40%. Called on September 19 at $40.00. Proceeds $7,980 after commission. Total return including call premium is $8,167 up 2.8%.
$98,786

From Conservative "Stocks-to-Consider" for September 19, 2009 and putting $10,000 into the money available field.

Buy 1500 shares of SATYAM COMPUTER SERVICE (SAY) at $6.48 (closing last trade price) and sell 15 call Out-of-the-Money contracts of SAY JU (Oct$7.50) at $0.25 (closing bid price) expiring on 10/17/2009. Cost is $9,740, and income from sale of the calls is $343 and includes your commissions. Annualized return if called is 239%.
$343 $9,740 $89,046

Buy 600 shares of MECHEL OAO (MTL) at $16.18 (closing last trade price) and sell 6 call Out-of-the-Money contracts of MTL JW (Oct$17.50) at $0.85 (closing bid price) expiring on 10/17/2009. Cost is $9,728, and income from sale of the calls is $491 and includes your commissions. Annualized return if called is 163%.
$491 $9,728 $79,318

Buy 1400 shares of PRECISION DRILLING TR UN (PDS) at $7.06 (closing last trade price) and sell 14 call Out-of-the-Money contracts of PDS JU (Oct$7.50) at $0.25 (closing bid price) expiring on 10/17/2009. Cost is $9,904, and income from sale of the calls is $319 and includes your commissions. Annualized return if called is 116%.
$319 $9,904 $69,414

Buy 400 shares of RAYMOND JAMES FINANCIAL (RJF) at $23.16 (closing last trade price) and sell 4 call Out-of-the-Money contracts of RJF JE (Oct$25.00) at $0.35 (closing bid price) expiring on 10/17/2009. Cost is $9,284, and income from sale of the calls is $124 and includes your commissions. Annualized return if called is 114%.
$124 $9,284 $60,130

Buy 600 shares of BRINKER INTERNATIONAL (EAT) at $16.36 (closing last trade price) and sell 6 call Out-of-the-Money contracts of EAT JW (Oct$17.50) at $0.40 (closing bid price) expiring on 10/17/2009. Cost is $9,836, and income from sale of the calls is $221 and includes your commissions. Annualized return if called is 113%.
$221 $9,836 $50,294

Buy 1000 shares of HUNTSMAN CORP (HUN) at $9.59 (closing last trade price) and sell 10 call Out-of-the-Money contracts of HUN JB (Oct$10.00) at $0.45 (closing bid price) expiring on 10/17/2009. Cost is $9,610, and income from sale of the calls is $425 and includes your commissions. Annualized return if called is 107%.
$425 $9,610 $40,684

Buy 500 shares of TEMPLE INLAND INC (TIN) at $16.72 (closing last trade price) and sell 5 call Out-of-the-Money contracts of TIN JW (Oct$17.50) at $0.65 (closing bid price) expiring on 10/17/2009. Cost is $8,380, and income from sale of the calls is $308 and includes your commissions. Annualized return if called is 102%.
$308 $8,380 $32,304

Buy 500 shares of NUTRISYSTEM INC (NTRI) at $16.77 (closing last trade price) and sell 5 call Out-of-the-Money contracts of NSI JW (Oct$17.50) at $0.70 (closing bid price) expiring on 10/17/2009. Cost is $8,405, and income from sale of the calls is $333 and includes your commissions. Annualized return if called is 102%.
$333 $8,405 $23,899

Buy 200 shares of SL GREEN REALTY CORP (SLG) at $43.19 (closing last trade price) and sell 2 call Out-of-the-Money contracts of SLG JI (Oct$45.00) at $1.75 (closing bid price) expiring on 10/17/2009. Cost is $8,658, and income from sale of the calls is $337 and includes your commissions. Annualized return if called is 99%.
$337 $8,658 $15,241

Buy 600 shares of TCF FINANCIAL CORP (TCB) at $14.74 (closing last trade price) and sell 6 call Out-of-the-Money contracts of TCB JC (Oct$15.00) at $0.60 (closing bid price) expiring on 10/17/2009. Cost is $8,864, and income from sale of the calls is $341 and includes your commissions. Annualized return if called is 68%.
$341 $8,864 $6,377

Totals for September:
$3,606 $92,409 $6,377

Taking $2,000 out as income total leaves $1,606 that will be added to cash balance:
$7,983

Portfolio value at September 19, 2009 is $114,557* after $18,000 taken as income in nine months. Total return including income is $132,557*, up 32.6% The DOW average for the year so far is up 18.6%.

*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 August:			$2,421
From Conservative "Stocks-to-Consider" for June 20, 2009 and putting $10,000 into the money available field.
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%. Not called on July 18. Will now sell Aug15 at $0.35. Price at $19.72 and value at $8,356 , down (2.3%) on July 18 including sale of all calls. Not called on August 22. Will now sell Sep22.5 at $0.50. Price at $21.38 and value at $9,204 , up 7.6% on August 22 including sale of all calls. Called on September 19 at $22.50. Proceeds $8,980 after commission. Total return including call premium is $9,632 up 12.6%.			$11,401
From Conservative "Stocks-to-Consider" for August 22, 2009 and putting $10,000 into the money available field.
Buy 500 shares of ROYAL CARIBBEAN CRUISES (RCL) at $19.22 (closing last trade price) and sell 5 call Out-of-the-Money contracts of RCL IX (Sep$22.50) at $0.40 (closing bid price) expiring on 9/19/2009. Cost is $9,630, and income from sale of the calls is $183 and includes your commissions. Annualized return if called is 244%. Called on September 19 at $22.50. Proceeds $11,230 after commission. Total return including call premium is $11,413 up 18.5%.			$22,631
Buy 1100 shares of DAKTRONICS INC (DAKT) at $9.02 (closing last trade price) and sell 11 call Out-of-the-Money contracts of QKC IB (Sep$10.00) at $0.30 (closing bid price) expiring on 9/19/2009. Cost is $9,942, and income from sale of the calls is $304 and includes your commissions. Annualized return if called is 179%. Not called on September 19. Sold all shares at $8.11 to close out position on September 19. Proceeds $8,901 after commission. Value at $9,225, down (7.2%), including sale of all calls.			$31,532
Buy 800 shares of MECHEL OAO (MTL) at $11.71 (closing last trade price) and sell 8 call Out-of-the-Money contracts of MTL IV (Sep$12.50) at $0.70 (closing bid price) expiring on 9/19/2009. Cost is $9,388, and income from sale of the calls is $538 and includes your commissions. Annualized return if called is 160%. Called on September 19 at $12.50. Proceeds $9,980 after commission. Total return including call premium is $10,518 up 12.0%.			$41,512
Buy 700 shares of CHINA UNICOM (HK) LTD (CHU) at $14.18 (closing last trade price) and sell 7 call Out-of-the-Money contracts of CHU IC (Sep$15.00) at $0.45 (closing bid price) expiring on 9/19/2009. Cost is $9,946, and income from sale of the calls is $295 and includes your commissions. Annualized return if called is 111%.Not called on September 19. Will now sell Oct15 at $0.55. Price at $14.70 and value at $10,949,up 11.8% including sale of all calls.	$364		$41,512
Buy 400 shares of PENN VIRGINIA CORP (PVA) at $22.02 (closing last trade price) and sell 4 call Out-of-the-Money contracts of PVA IX (Sep$22.50) at $1.00 (closing bid price) expiring on 9/19/2009. Cost is $8,828, and income from sale of the calls is $384 and includes your commissions. Annualized return if called is 82%. Exercised get-out price at $18.72 (-15%) on September 1 after buying back calls at $0.05. Proceeds $7,468 after commission. Final value including sale of all calls is $7,836, down (11.2%).			$48,980
Buy 600 shares of AMERICAN EAGLE OUTFITTER (AEO) at $14.67 (closing last trade price) and sell 6 call Out-of-the-Money contracts of AEO IC (Sep$15.00) at $0.60 (closing bid price) expiring on 9/19/2009. Cost is $8,822, and income from sale of the calls is $341 and includes your commissions. Annualized return if called is 77%. Called on September 19 at $15.00. Proceeds $8,980 after commission. Total return including call premium is $9,321 up 5.7%.			$57,960
Buy 200 shares of SASOL LTD ADR (SSL) at $39.05 (closing last trade price) and sell 2 call Out-of-the-Money contracts of SSL IH (Sep$40.00) at $1.45 (closing bid price) expiring on 9/19/2009. Cost is $7,830, and income from sale of the calls is $277 and includes your commissions. Annualized return if called is 74%. Called on September 19 at $40.00. Proceeds $7,980 after commission. Total return including call premium is $8,257 up 5.5%.			$65,940
Buy 200 shares of POLARIS INDUSTRIES INC (PII) at $39.05 (closing last trade price) and sell 2 call Out-of-the-Money contracts of PII IH (Sep$40.00) at $1.35 (closing bid price) expiring on 9/19/2009. Cost is $7,830, and income from sale of the calls is $257 and includes your commissions. Annualized return if called is 71%. Called on September 19 at $40.00. Proceeds $7,980 after commission. Total return including call premium is $8,237 up 5.2%.			$73,920
Buy 400 shares of ROWAN COMPANIES INC (RDC) at $22.11 (closing last trade price) and sell 4 call Out-of-the-Money contracts of RDC IX (Sep$22.50) at $0.85 (closing bid price) expiring on 9/19/2009. Cost is $8,864, and income from sale of the calls is $324 and includes your commissions. Annualized return if called is 68%. Called on September 19 at $22.50. Proceeds $8,980 after commission. Total return including call premium is $9,304 up 5.0%.			$82,900
Buy 300 shares of FAMILY DOLLAR STORES INC (FDO) at $29.72 (closing last trade price) and sell 3 call Out-of-the-Money contracts of FDO IF (Sep$30.00) at $0.95 (closing bid price) expiring on 9/19/2009. Cost is $8,936, and income from sale of the calls is $271 and includes your commissions. Annualized return if called is 49%. Not called on September 19. Sold all shares at $26.42 to close out position on September 19. Proceeds $7,906 after commission. Value at $8,197, down (8.3%), including sale of all calls.			$90,806
Buy 200 shares of COVIDIEN PLC (COV) at $39.63 (closing last trade price) and sell 2 call Out-of-the-Money contracts of COV IH (Sep$40.00) at $1.00 (closing bid price) expiring on 9/19/2009. Cost is $7,946, and income from sale of the calls is $187 and includes your commissions. Annualized return if called is 40%. Called on September 19 at $40.00. Proceeds $7,980 after commission. Total return including call premium is $8,167 up 2.8%.			$98,786
From Conservative "Stocks-to-Consider" for September 19, 2009 and putting $10,000 into the money available field.
Buy 1500 shares of SATYAM COMPUTER SERVICE (SAY) at $6.48 (closing last trade price) and sell 15 call Out-of-the-Money contracts of SAY JU (Oct$7.50) at $0.25 (closing bid price) expiring on 10/17/2009. Cost is $9,740, and income from sale of the calls is $343 and includes your commissions. Annualized return if called is 239%.	$343	$9,740	$89,046
Buy 600 shares of MECHEL OAO (MTL) at $16.18 (closing last trade price) and sell 6 call Out-of-the-Money contracts of MTL JW (Oct$17.50) at $0.85 (closing bid price) expiring on 10/17/2009. Cost is $9,728, and income from sale of the calls is $491 and includes your commissions. Annualized return if called is 163%.	$491	$9,728	$79,318
Buy 1400 shares of PRECISION DRILLING TR UN (PDS) at $7.06 (closing last trade price) and sell 14 call Out-of-the-Money contracts of PDS JU (Oct$7.50) at $0.25 (closing bid price) expiring on 10/17/2009. Cost is $9,904, and income from sale of the calls is $319 and includes your commissions. Annualized return if called is 116%.	$319	$9,904	$69,414
Buy 400 shares of RAYMOND JAMES FINANCIAL (RJF) at $23.16 (closing last trade price) and sell 4 call Out-of-the-Money contracts of RJF JE (Oct$25.00) at $0.35 (closing bid price) expiring on 10/17/2009. Cost is $9,284, and income from sale of the calls is $124 and includes your commissions. Annualized return if called is 114%.	$124	$9,284	$60,130
Buy 600 shares of BRINKER INTERNATIONAL (EAT) at $16.36 (closing last trade price) and sell 6 call Out-of-the-Money contracts of EAT JW (Oct$17.50) at $0.40 (closing bid price) expiring on 10/17/2009. Cost is $9,836, and income from sale of the calls is $221 and includes your commissions. Annualized return if called is 113%.	$221	$9,836	$50,294
Buy 1000 shares of HUNTSMAN CORP (HUN) at $9.59 (closing last trade price) and sell 10 call Out-of-the-Money contracts of HUN JB (Oct$10.00) at $0.45 (closing bid price) expiring on 10/17/2009. Cost is $9,610, and income from sale of the calls is $425 and includes your commissions. Annualized return if called is 107%.	$425	$9,610	$40,684
Buy 500 shares of TEMPLE INLAND INC (TIN) at $16.72 (closing last trade price) and sell 5 call Out-of-the-Money contracts of TIN JW (Oct$17.50) at $0.65 (closing bid price) expiring on 10/17/2009. Cost is $8,380, and income from sale of the calls is $308 and includes your commissions. Annualized return if called is 102%.	$308	$8,380	$32,304
Buy 500 shares of NUTRISYSTEM INC (NTRI) at $16.77 (closing last trade price) and sell 5 call Out-of-the-Money contracts of NSI JW (Oct$17.50) at $0.70 (closing bid price) expiring on 10/17/2009. Cost is $8,405, and income from sale of the calls is $333 and includes your commissions. Annualized return if called is 102%.	$333	$8,405	$23,899
Buy 200 shares of SL GREEN REALTY CORP (SLG) at $43.19 (closing last trade price) and sell 2 call Out-of-the-Money contracts of SLG JI (Oct$45.00) at $1.75 (closing bid price) expiring on 10/17/2009. Cost is $8,658, and income from sale of the calls is $337 and includes your commissions. Annualized return if called is 99%.	$337	$8,658	$15,241
Buy 600 shares of TCF FINANCIAL CORP (TCB) at $14.74 (closing last trade price) and sell 6 call Out-of-the-Money contracts of TCB JC (Oct$15.00) at $0.60 (closing bid price) expiring on 10/17/2009. Cost is $8,864, and income from sale of the calls is $341 and includes your commissions. Annualized return if called is 68%.	$341	$8,864	$6,377
Totals for September:	$3,606	$92,409	$6,377
Taking $2,000 out as income total leaves $1,606 that will be added to cash balance:			$7,983
Portfolio value at September 19, 2009 is $114,557* after $18,000 taken as income in nine months. Total return including income is *$132,557,** up 32.6% The DOW average for the year so far is up 18.6%.