Covered Call Analyzer from Investment Enhancing Systems, Inc.

The Covered Call Analyzer

Aggressive Stocks-to-Consider List for December 17, 2011
(using out-of-the-money calls)

This list is published each month on expiration weekend. The Comments row will provide what happened to each of these buy/writes next month on expiration weekend. On the weekend following the third Friday of each month (expiration weekend), this page will list twenty (20) stocks that were found using the online Covered Call Analyzer. We are using the default values of the Covered Call Analyzer, including the money available which is set to $5,000. Because this is a n "Aggressive" list, we click on the "Include Stock/Call Combinations with hi PE or negative earinings". We then pick the tweny (20) buy/writes listed by the Analyzer that have the highest income from the sale of the calls. Each listing below is exactly what the Analyzer provides when it is run*.
Click on the stock symbol and you will be taken to the MSN Money stock analysis page for the stock to consider. You can click on the options link on that page to take you to a full set of option chains for the stock.
In all of our lists and portfolios, we have established a get-out price which we exercise when the stock price drops 20%. 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.
This list was published on December 17, 2011. Next update of this page will be the weekend of January 21, 2012. This list will then be replaced by a $25,000 Aggressive Covered Call Portfolio for 2012.

Buy 600 shares of ONCOTHYREON (ONTY) at $7.67 (closing last trade price) and sell 6 call Out-of-the-Money contracts of ONTY1221A10 (Jan$10.00) at $0.65 (closing bid price) expiring on 1/21/2012. Cost is$4,622, and income from sale of the calls is $371 and includes your commissions. Actual return if called at expiration is 37.8%.
Comments:
Buy 600 shares of TARGACEPT (TRGT) at $7.79 (closing last trade price) and sell 6 call Out-of-the-Money contracts of TRGT1221A10 (Jan$10.00) at $0.80 (closing bid price) expiring on 1/21/2012. Cost is$4,694, and income from sale of the calls is $461 and includes your commissions. Actual return if called at expiration is 37.6%.
Comments:
Buy 200 shares of IVANHOE MINES (IVN) at $16.79 (closing last trade price) and sell 2 call Out-of-the-Money contracts of IVN1221A22.5 (Jan$22.50) at $0.30 (closing bid price) expiring on 1/21/2012. Cost is$3,378, and income from sale of the calls is $47 and includes your commissions. Actual return if called at expiration is 34.6%.
Comments:
Buy 600 shares of ACHILLION PHARMACEUTICALS (ACHN) at $7.58 (closing last trade price) and sell 6 call Out-of-the-Money contracts of ACHN1221A10 (Jan$10.00) at $0.30 (closing bid price) expiring on1/21/2012. Cost is $4,568, and income from sale of the calls is $161 and includes your commissions. Actual return if called at expiration is 34.9%.
Comments:
Buy 100 shares of GREEN MNTN COFFEE ROASTER (GMCR) at $45.26 (closing last trade price) and sell 1 call Out-of-the-Money contracts of GMCR1221A60 (Jan$60.00) at $0.47 (closing bid price) expiring on 1/21/2012. Cost is $4,546, and income from sale of the calls is $36 and includes your commissions. Actual return if called at expiration is 32.8%.
Comments:
Buy 100 shares of UNIVERSAL DISPLAY (PANL) at $34.46 (closing last trade price) and sell 1 call Out-of-the-Money contracts of PANL1221A45 (Jan$45.00) at $0.40 (closing bid price) expiring on 1/21/2012. Cost is $3,466, and income from sale of the calls is $29 and includes your commissions. Actual return if called at expiration is 30.7%.
Comments:
Buy 100 shares of INTEROIL CORPORATION (IOC) at $48.11 (closing last trade price) and sell 1 call Out-of-the-Money contracts of IOC1221A60 (Jan$60.00) at $3.45 (closing bid price) expiring on 1/21/2012. Cost is $4,831, and income from sale of the calls is $334 and includes your commissions. Actual return if called at expiration is 31.1%.
Comments:
Buy 300 shares of MCMORAN EXPLORATION (MMR) at $13.82 (closing last trade price) and sell 3 call Out-of-the-Money contracts of MMR1221A17.5 (Jan$17.50) at $0.53 (closing bid price) expiring on1/21/2012. Cost is $4,166, and income from sale of the calls is $145 and includes your commissions. Actual return if called at expiration is 29.5%.
Comments:
Buy 100 shares of IPATH S&P 500 VIX SHORT-TERM F (VXX) at $39.00 (closing last trade price) and sell 1 call Out-of-the-Money contracts of VXX1221A50 (Jan$50.00) at $0.82 (closing bid price) expiring on1/21/2012. Cost is $3,920, and income from sale of the calls is $71 and includes your commissions. Actual return if called at expiration is 29.4%.
Comments:
Buy 100 shares of INTERDIGITAL (IDCC) at $39.47 (closing last trade price) and sell 1 call Out-of-the-Money contracts of IDCC1221A50 (Jan$50.00) at $1.20 (closing bid price) expiring on 1/21/2012. Cost is$3,967, and income from sale of the calls is $109 and includes your commissions. Actual return if called at expiration is 28.8%.
Comments:
Buy 400 shares of HOUSTON AMERICAN ENERGY (HUSA) at $11.80 (closing last trade price) and sell 4 call Out-of-the-Money contracts of HUSA1221A15 (Jan$15.00) at $0.30 (closing bid price) expiring on1/21/2012. Cost is $4,740, and income from sale of the calls is $104 and includes your commissions. Actual return if called at expiration is 28.8%.
Comments:
Buy 600 shares of RADVISION (RVSN) at $8.24 (closing last trade price) and sell 6 call Out-of-the-Money contracts of RVSN1221A10 (Jan$10.00) at $0.60 (closing bid price) expiring on 1/21/2012. Cost is$4,964, and income from sale of the calls is $341 and includes your commissions. Actual return if called at expiration is 27.7%.
Comments:
Buy 100 shares of ACME PACKET (APKT) at $31.22 (closing last trade price) and sell 1 call Out-of-the-Money contracts of APKT1221A40 (Jan$40.00) at $0.30 (closing bid price) expiring on 1/21/2012. Cost is$3,142, and income from sale of the calls is $19 and includes your commissions. Actual return if called at expiration is 27.9%.
Comments:
Buy 200 shares of ALPHA NATURAL RESOURCES (ANR) at $19.62 (closing last trade price) and sell 2 call Out-of-the-Money contracts of ANR1221A25 (Jan$25.00) at $0.32 (closing bid price) expiring on1/21/2012. Cost is $3,944, and income from sale of the calls is $51 and includes your commissions. Actual return if called at expiration is 28.1%.
Comments:
Buy 400 shares of VIVUS (VVUS) at $10.09 (closing last trade price) and sell 4 call Out-of-the-Money contracts of VVUS1221A12.5 (Jan$12.50) at $0.30 (closing bid price) expiring on 1/21/2012. Cost is$4,056, and income from sale of the calls is $104 and includes your commissions. Actual return if called at expiration is 25.8%.
Comments:
Buy 200 shares of NABORS INDUSTRIES (NBR) at $16.74 (closing last trade price) and sell 2 call Out-of-the-Money contracts of NBR1221A21 (Jan$21.00) at $0.26 (closing bid price) expiring on 1/21/2012. Cost is $3,368, and income from sale of the calls is $39 and includes your commissions. Actual return if called at expiration is 25.9%.
Comments:
Buy 200 shares of ALPHA NATURAL RESOURCES (ANR) at $19.62 (closing last trade price) and sell 2 call Out-of-the-Money contracts of ANR1221A24 (Jan$24.00) at $0.47 (closing bid price) expiring on1/21/2012. Cost is $3,944, and income from sale of the calls is $81 and includes your commissions. Actual return if called at expiration is 23.8%.
Comments:
Buy 100 shares of DIREXION DAILY FINANCIAL BEAR (FAZ) at $42.15 (closing last trade price) and sell 1 call Out-of-the-Money contracts of FAZ1221A50 (Jan$50.00) at $2.66 (closing bid price) expiring on1/21/2012. Cost is $4,235, and income from sale of the calls is $255 and includes your commissions. Actual return if called at expiration is 24.1%.
Comments:
Buy 200 shares of VIRNETX HOLDING (VHC) at $21.24 (closing last trade price) and sell 2 call Out-of-the-Money contracts of VHC1221A25 (Jan$25.00) at $1.55 (closing bid price) expiring on 1/21/2012. Cost is $4,268, and income from sale of the calls is $297 and includes your commissions. Actual return if called at expiration is 24.1%.
Comments:
Buy 100 shares of INTEROIL CORPORATION (IOC) at $48.11 (closing last trade price) and sell 1 call Out-of-the-Money contracts of IOC1221A55 (Jan$55.00) at $4.55 (closing bid price) expiring on 1/21/2012. Cost is $4,831, and income from sale of the calls is $444 and includes your commissions. Actual return if called at expiration is 23.0%.
Comments:
Income from sale of calls is +$3,496
Cost of these twenty (20) stocks is $83,619 . At December 17, 2011 (expiration weekend), this list value is $86,746, up 3.7%. The S&P500 was up 0.0% for the period this list was open.

*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.

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