The
Covered Call Analyzer
We suspended our get-out rule on
September 15, 2008 due to volatility. They continue suspended.
NOTE:
This list is beginning this month. The text in the table below is what the
Analyzer provides for each buy/write. 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 ten ETFs
that were found using the online Covered Call Analyzer. We are using the
default values of the Covered Call Analyzer for ETFs, with the money
available set to the default value of $10,000. Each subsequent month, on
expiration weekend, we will review what happened with each of these ETF
transactions in the Comments row until the position is closed out.
Click on the stock symbol and you will be taken to
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
.
Note: In all of our lists and portfolios, we have established
a get-out price which we exercise when the stock or ETF price drops 15%. If this
happens during the month, we will get-out and report the sale of the ETF and
the buy-back of the calls at the next expiration weekend postings.
This list was published on
September 20, 2008. Next update of this page will be the weekend of October 18, 2008.
Buy
100 shares of
PROSHARES ULSHT REAL EST
(SRS)
at $68.80 (closing last trade price) and sell 1 contracts of SRS JQ
(Oct$95.00) at $1.35 (closing bid price) expiring on 10/18/2008. Cost is
$6,900 and income
from sale of the calls is $124 and includes your commissions. Annualized
return if called is 515%
Comments:
Buy
100 shares of
PROSHRS ULTSHRT RUS2000
(TWM)
at $61.10 (closing last trade price) and sell 1 contracts of TWM JW
(Oct$75.00) at $1.20 (closing bid price) expiring on 10/18/2008. Cost is
$6,130 and income
from sale of the calls is $109 and includes your commissions. Annualized
return if called is 315%
Comments:
Buy
200 shares of
ISHARES FTSE/XINHUA 25
(FXI)
at $39.06 (closing last trade price) and sell 2 contracts of FXI JS
(Oct$45.00) at $0.60 (closing bid price) expiring on 10/18/2008. Cost is
$7,832 and income
from sale of the calls is $107 and includes your commissions. Annualized
return if called is 212%
Comments:
Buy
200 shares of
MARKET VECTORS GOLD ETF
(GDX)
at $35.20 (closing last trade price) and sell 2 contracts of GDX JN
(Oct$40.00) at $0.75 (closing bid price) expiring on 10/18/2008. Cost is
$7,060 and income
from sale of the calls is $137 and includes your commissions. Annualized
return if called is 199%
Comments:
Buy
200 shares of
ISHARES TR ENRGY SEC ETF
(IYE)
at $41.71 (closing last trade price) and sell 2 contracts of IYE JS
(Oct$45.00) at $0.50 (closing bid price) expiring on 10/18/2008. Cost is
$8,362 and income
from sale of the calls is $87 and includes your commissions. Annualized
return if called is 113%
Comments:
Buy
100 shares of
PROSHARES ULT OIL & GAS
(DIG)
at $77.00 (closing last trade price) and sell 1 contracts of DIG JG
(Oct$85.00) at $1.30 (closing bid price) expiring on 10/18/2008. Cost is
$7,720 and income
from sale of the calls is $119 and includes your commissions. Annualized
return if called is 152%
Comments:
Buy
100 shares of
PROSHARES ULTRA S&P 500
(SSO)
at $57.24 (closing last trade price) and sell 1 contracts of SUC JK
(Oct$63.00) at $0.65 (closing bid price) expiring on 10/18/2008. Cost is
$5,744 and income
from sale of the calls is $54 and includes your commissions. Annualized
return if called is 138%
Comments:
Buy
200 shares of
ISHARES MSCI EMRG MK ETF
(EEM)
at $38.47 (closing last trade price) and sell 2 contracts of EEM JP
(Oct$42.00) at $0.50 (closing bid price) expiring on 10/18/2008. Cost is
$7,714 and income
from sale of the calls is $87 and includes your commissions. Annualized
return if called is 131%
Comments:
Buy
100 shares of
PROSHARES ULSHT REAL EST
(SRS)
at $68.80 (closing last trade price) and sell 1 contracts of SRS JR
(Oct$70.00) at $5.90 (closing bid price) expiring on 10/18/2008. Cost is
$6,900 and income
from sale of the calls is $579 and includes your commissions. Annualized
return if called is 128%
Comments:
Buy
400 shares of
SPDR FINANCIAL SECTR ETF
(XLF)
at $22.38 (closing last trade price) and sell 4 contracts of XLF JX
(Oct$24.00) at $0.60 (closing bid price) expiring on 10/18/2008. Cost is
$8,972 and income
from sale of the calls is $224 and includes your commissions. Annualized
return if called is 124%
Comments:
Income from
sale of calls
is +$1,625.
Cost of
these ten (10) ETFs is $73,334. At September 20, 2008 (expiration weekend),
this list value is $74,759, up 1.9%.
*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.
Subscriber Home |
Strategy |
Run Analyzer
| Latest Updates |
Results | Home
© 1996-2008 Investment Enhancing
Systems, Inc.- Incorporated in Illinois and registered in the Cook County
