Systematic Covered Writing

... more than just covered calls!

  Active $50.5k Portfolio Historical Data

Portfolio Index  SysCW Home

The online data for this portfolio began with a cash balance of $36,928.44 on March 1, 2011. This is an actively funded IRA Portfolio with additional deposits on a monthly basis. The portfolio is to be fully invested with minimal cash held in the money market.

Below is the Position Tracker data for this portfolio. As is the case with all online portfolios, every transaction is recorded and saved for future reference. Should you have questions about the data, please feel free to email rlcoveru@cox.net.

The SysCW $50.5k Portfolio
Covered Call History and Position Report
As of May 9, 2012        
                 
Initial Balance $36,928.44 March 1, 2011   Stock Total Cash Moeny Mrkt  Current Value 
Additional Funding $13,692.07     Investment Generated Cash  Of Stock 
        Current Values 64,288.70 $13,728.34 $1,286.41 $57,354.00
Current Funding $50,620.51            
          AISN Value $48,494.62    
                 
Date   Account Status Position Investment Generated Generated  Annualized 
Closed Positions
14-Mar-11 $26.29 Initial Stock Purchase Buy 100 BMY @26.289 ($2,638.89)      
        Bristol-Myers Squibb Co        
14-Mar-11 $26.29 Initial Short-TERM call Sell Apr $27 call @ .38 Exercised 4/15/11 $27.25    
15-Apr-11   Stock Assigned Sell 100 BMY @ $27 $2,679.95 $41.06    
15-Apr-11       Net Cash Gain     $68.31 Annualized
32 Days     Net Percentage Gain     2.59% 29.53%
2-Mar-11 $30.81 Initial Stock Purchase Buy 100 OVTI @ 30.8099 ($3,090.98)      
        Omnivision Technologies Inc         
2-Mar-11 $30.81 Initial Short-TERM call Sell Mar $30 call @ 1.90 Expired 3/19/11 $179.25    
22-Mar-11 $31.65 Continued ST Trade Sell Apr $31 call @ 2.05 Expired 4/16/11 $194.25    
18-Apr-11 $30.03 Continued ST Trade Sell May $31 call @ 1.36 Exercised 5/20/11 $125.25    
20-May-11   Stock Assigned Sell 100 OVTI @ $31 $3,079.95 ($11.03)    
20-May-11       Net Cash Gain     $487.72 Annualized
79 Days     Net Percentage Gain     15.78% 72.90%
9-Mar-11 $19.40 Initial Stock Purchase Buy 100 CROX @ 19.3999 ($1,949.98)      
        Crocs Inc.        
9-Mar-11 $19.40 Initial Call Option Sell Sep $19 call @ 3.00 Closed 6/28/11 $289.25    
28-Jun-11   Manually Close Buy Sep $19 call @ 7.30   ($740.74)    
28-Jun-11   Manually Close Sell 100 CROX @ 25.9005 $2,580.01 $630.03    
28-Jun-11       Net Cash Gain     $178.54 Annualized
111 Days     Net Percentage Gained     9.16% 30.11%
31-Mar-11 $10.68 Initial Stock Purchase Buy 200 LIZ @ 5.3399 ($1,077.97)      
        Liz Claiborne Inc         
31-Mar-11 $10.68 Initial Call Option Sell two Oct $5 calls @ 1.12 Exercised 10/21/11 $212.49    
21-Oct-11   Stock Assigned Sell 200 LIZ  @ $5 $979.99 ($97.98)    
21-Oct-11       Net Cash Gain     $114.51 Annualized
204 Days     Net Percentage Gain     10.62% 19.01%
10-Mar-11 $37.81 Initial Stock Purchase Buy 100 SBUX @ 37.8099 ($3,790.98)      
        Starbucks Corp         
10-Mar-11 $37.81 Initial Short-TERM call Sell Apr 37 call @ 1.89 Expired 4/16/11 $178.25    
18-Apr-11 $35.26 Continued Trade Sell Oct $37 call @ 2.13 Exercised 10/21/11 $202.25    
27-May-11       Dividend Received   $13.00    
26-Aug-11       Dividend Received   $13.00    
21-Oct-11   Stock Assigned Sell 100 SNDK  @ $37 $3,679.93 ($111.05)    
21-Oct-11       Net Cash Gain     $295.45 Annualized
225 Days     Net Percentage Gain     7.79% 12.64%
1-Mar-11 $48.04 Initial Stock Purchase Buy 100 SNDK @ 48.039 ($4,813.89)      
        SanDisk Corp.         
1-Mar-11 $48.04 Initial Call Option Sell Oct $48 all @ 7.06 Exercised 10/21/11 $695.24    
21-Oct-11   Stock Assigned Sell 100 SNDK  @ $48 $4,779.91 ($33.98)    
21-Oct-11       Net Cash Gain     $661.26 Annualized
234 Days     Net Percentage Gain     13.74% 21.43%
12-May-11 $24.02 Initial Stock Purchase Buy 100 TSO @ 21.0199 ($2,411.98)      
        Tesoro Corp         
12-May-11 $24.02 Initial Call Option Sell Nov $22 call @ 4.25 Exercised 11/18/11 $414.25    
18-Nov-11   Stock Assigned Sell 100 TSO @ $22 $2,182.96 ($229.02)    
18-Nov-11       Net Cash Gain     $185.23 Annualized
190 Days     Net Percentage Gain     7.68% 14.75%
20-Apr-11 $27.62 Initial Stock Purchase Buy 100 BMY @ 27.6182 ($2,771.81)      
        Bristol Myers Squibb Co         
20-Apr-11 $27.62 Initial Call Option Sell Dec $27 call @ 1.87 Exercised 12/16/11 $176.25    
2-May-11       Dividend Received   $33.00    
1-Nov-11       Dividend Received   $33.00    
16-Dec-11   Stock Assigned Sell 100 BMY @ $27 $2,679.95 ($91.86)    
16-Dec-11       Net Cash Gain     $150.39 Annualized
240 Days     Net Percentage Gain     5.43% 8.25%
19-Jul-11 $10.88 Initial Stock Purchase Buy 200 LIZ @ 5.4382 ($1,097.63)      
        Liz Claiborne Inc         
19-Jul-11 $10.88 Initial Call Option Sell two Jan $5 call @ 1.10 Exercised 1/20/2012 $208.49    
20-Jan-12   Stock Assigned Sell 200 LIZ @ $5 $979.99 ($117.64)    
20-Jan-12       Net Cash Gain     $90.85 Annualized
185 Days     Net Percentage Gain     8.28% 16.33%
24-Oct-11 $50.66 Initial Stock Purchase Buy 100 SNDK @ 50.659 ($5,075.89)      
        SanDisk Corp         
24-Oct-11 $50.66 Initial Short-TERM call Sell Nov $50 call @ 2.62 Expired 11/19/11 $251.23    
29-Nov-11 $47.45 Continued Trade Sell Jan $50 call @ 2.07 Exercised 1/20/2012 $196.23    
20-Jan-12   Stock Assigned Sell 100 SNDK @ $50 $4,979.91 ($95.98)    
20-Jan-12       Net Cash Gain     $351.48 Annualized
88 Days     Net Percentage Gain     6.92% 28.72%
27-Jan-12 $33.33 Initial Stock Purchase Buy 100 DOW @ 33.3286 ($3,342.85)      
        Dow Chemical Co         
27-Jan-12 $33.33 Initial Short-TERM Call Sell Feb $34 all @ .66 Exercised 2/17/12 $55.23    
17-Feb-12   Stock Assigned Sell 100 DOW @ 34 $3,379.94 $37.09   Cycles
17-Feb-12       Net Cash Gain     $92.32 Annualized
21 Days     Net Percentage Gain     2.76% 33.14%
12-Jan-12 $59.92 Initial Stock Purchase Buy 100 IOC @ 59.92 ($6,001.99)      
        InterOil Corp         
12-Jan-12 $59.92 Initial Short-TERM Call Sell Feb $57.50 call @ 8.57 Exercised 2/17/12 $846.22    
17-Feb-12   Stock Assigned Sell 100 IOC @ 57.50 $5,729.90 ($272.09)    
17-Feb-12       Net Cash Gain     $574.13 Annualized
36 Days     Net Percentage Gain     9.57% 96.99%
6-Jan-12 $30.12 Initial Stock Purchase Buy 100 THOR @ 30.118 ($3,021.79)      
        Thoratec Corp         
6-Jan-12 $30.12 Initial Short-TERM call Sell Feb $30 call @ 2.05 Exercised 2/17/12 $194.23    
17-Feb-12   Stock Assigned Sell 100 THOR @ 30 $2,979.95 ($41.84)    
17-Feb-12       Net Cash Gain     $152.39 Annualized
42 Days     Net Percentage Gain     5.04% 43.83%
10-Feb-12 $19.73 Initial Stock Purchase Buy 100 MS @ 19.7299 ($1,982.98)      
        Morgan Stanley         
10-Feb-12 $19.73 Initial Short-TERM Call Sell Mar $19 call @ 1.54 Exercised 3/13/12 $143.23    
16-Mar-12   Stock Assigned Sell 100 MS @ $19 $1,880.97 ($102.01)    
16-Mar-12       Net Cash Gain     $41.22 Annualized
35 Days     Net Percentage Gain     2.08% 21.68%
1-Mar-11 $15.91 Initial Stock Purchase Buy 100 PLD @ 15.9099    (now 44) ($1,600.98)      
        Prologis Inc         
1-Mar-11 $15.91 Initial Call Option Sell Oct $16 call @ 1.42 Expired 10/22/11 $131.25    
25-May-11       Dividend Received   $11.25    
10-Jun-11       Cash in Lieu of Fractional Shares   $20.70    
30-Sep-11       Dividend Received   $12.32    
29-Dec-12       Dividend Received     Yield = 3.08%   $12.32    
2-Apr-12   Manually Close Sell 44 PLD @ 36.2201 $1,583.65 ($17.33)    
2-Apr-12       Net Cash Gain     $170.51 Annualized
398 Days     Net Percentage Gained     10.65% 9.77%
                 
                 
        Closed Position Totals        
        Number of closed Position 14      
        Average Investment $3,190.76      
        Average Return $258.17      
        Average Duration In Days 151.4285714      
        Average Annualized Return 19.50%      
                 
                 
Wednesday, May 09, 2012 Current Active Positions  
Date   Account Status Position Investment Generated Generated  Value* 
                 
7-Mar-11 $35.67 Initial Stock Purchase Buy 100 ACI @ 35.6699 ($3,576.98)     $834.00
    Current Price $8.34 Arch Coal Inc         
7-Mar-11 $35.67 Initial Short-TERM Call Option Sell Apr $35 call @ 2.25 Expired 4/16/11 $214.25    
18-Apr-11 $32.65 Continued Trade Sell Oct $35 call @ 2.55 Expired 10/22/11 $244.25    
15-Jun-11       Dividend Received   $11.00    
15-Sep-11       Dividend Received     Yield = 1.23%   $11.00    
24-Oct-11 $17.61 Interim Trade Sell Nov $19 call @ .53 Expired 11/19/11 $42.23    
29-Nov-11 $14.54 Interim Trade Sell Dec $16 call @ .31 Expired 12/17/11 $20.23    
15-Dec-12       Dividend Received     Yield = 1.23%   $11.00    
22-Dec-11 $15.20 Dollar Cost Averaging Buy 100 ACI @ 15.199 ($1,529.89)     $1,334.00
$CA   $5,106.87 200 @ $25.53 Averaged 200-Share Position        
22-Dec-11 $15.20 Interim Trade Sell two Feb $17 calls @ .59 Expired 2/18/12 $106.47    
15-Mar-12       Dividend Received     Yield = 1.72%   $22.00    
24-Feb-12 $14.26 Interim Trade Sell two Apr $16 calls @ .32 Expired 4/21/12 $52.47    
26-Apr-12 $9.62 Interim Trade Sell Jun $11 call @ .26   $15.23    
                 
    Cash in Hand 14.69%       $750.13  
29-Feb-12 $14.80 Initial Stock Purchase Buy 100 AEO @ 14.799 ($1,489.89)     $1,990.00
    Current Price $19.90 American Eagle Outfitters Inc         
29-Feb-12 $14.80 Initial Call Option Sell Aug $15 call @ 1.30   $119.23    
9-Apr-12       Dividend Received     Yield = 3.95%   $11.00    
                 
    Cash in Hand 8.74%       $130.23  
16-Apr-12 $16.07 Initial Stock Purchase Buy 100 ARCC @ 16.069 ($1,616.89)     $1,535.00
    Current Price $15.35 Ares Capital Corp         
      Dividend Position   Yield 9.29%        
                 
    Cash in Hand 0.00%       $0.00  
27-Jan-12 $22.99 Initial Stock Purchase Buy 100 ARUN @ 22.99 ($2,308.99)     $1,738.00
    Current Price $17.38 Aruba Networks Inc         
27-Jan-12 $22.99 Initial Short-TERM Call Sell Feb $23 call @ 1.40 Expired 2/18/12 $129.23    
24-Feb-12 $21.90 Continued Trade Sell Apr $23 call @ 1.05 Expired 4/21/12 $94.23    
26-Apr-12 $20.90 Interim Trade Sell May $22 call @ .72   $61.63    
                 
    Cash in Hand 12.35%       $285.09  
9-Mar-11 $13.35 Initial Stock Purchase Buy 100 BMTI @ 13.35 ($1,344.99)     $250.00
    Current Price $2.50 BioMimetic Therapeutics Inc         
9-Mar-11 $13.35 Initial Call Option Sell Sep $13 call @ 3.10 Expired 9/17/11 $299.25    
23-Sep-11 $3.33 Dollar Cost Averaging Buy 100 BMTI @ 3.3264 ($342.63)     $2,603.00
$CA   $1,687.62 200 @ $8.44 Averaged 200-Share position        
23-Sep-11 $3.33 Interim Trade Sell two Oct $5 calls @ .20   $28.47    
24-Oct-11   Interim Trade Sell two Nov $4 calls @ .3 Expired 11/19/11 $48.47    
29-Nov-11 $3.06 Interim Trade Sell two Jan $4 calls @ .25 Expired 1/21/12 $38.47    
27-Jan-12 $2.02 Interim Trade Sell two Sep $3 calls @ .30   $48.47    
                 
    Cash in Hand 34.43%       $463.13  
14-Mar-11 $22.40 Initial Stock Purchase Buy 100 CRUS @ 22.3999 ($2,249.98)     $2,603.00
    Current Price $26.03 Cirrus Logic Inc         
14-Mar-11 $22.40 Initial Call Option Sell Sep $22 call @ 3.71 Lowered 6/10/11 $360.25    
10-Jun-11 $14.06 Buy Back & Lower Buy Sep $22 call @ .09   ($19.74)    
10-Jun-11 $14.06 Interim Trade Sell Jul $15 call @ .40 Rolled 6/28/11 $29.25    
28-Jun-11 $15.16 Combo BB&RO&Up Buy Jul $15 call @ .70   ($80.74)    
28-Jun-11 $15.16 Dollar Cost Averaging Buy 100 CRUS @ 15.159 ($1,525.89) Sold 2/10/12    
$CA   $3,775.87 200 @ $18.88 Combined 200 -Share Position        
28-Jun-11 $15.16 Continued Trade Sell two Dec $18 calls @ 1.15 Expired 12/17/11 $218.50    
22-Dec-11 $15.95 Continued Trade Sell two Feb $18 calls @ .55 Rolled 2/10/12 $98.47    
10-Feb-12 $21.05 BB Reduce & Roll Out & Up Buy two Feb $18 calls @ 3.05   ($621.53)    
10-Feb-12 $21.05 Reduce to original purchase Sell 100 CRUS @ 21.051   $2095.06 $1,525.89 $569.17    
10-Feb-12 $21.05 Continued Trade Sell Sep $22 call @ 3.02   $291.23    
                 
    Cash in Hand 22.38%       $844.86  
31-Mar-11 $36.28 Initial Stock Purchase Buy 100 DNDN @ 36.2783 ($3,637.82)     $896.00
    Current Price $8.96 Dendreon Corp         
31-Mar-11 $36.28 Initial Call Option Sell '12 Jan $35 LEAP @ 6.40 Lowered 8/4/11 $629.24    
4-Aug-11 $12.30 Buy Back & Lower Buy Jan $35 call @ .45   ($55.74)    
4-Aug-11 $12.30 Interim Trade Aug $15 call @ .57 Expired 8/20/11 $46.25    
29-Aug-11 $12.42 Interim Trade Sell Sep $14 call @ .44 Expired 9/17/11 $33.25    
23-Sep-11 $10.04 Interim Trade Sell Oct $12 call @ .32 Expired 10/22/11 $21.23    
24-Oct-11   Interim Trade Sell Nov $12 call @ .58 Expired 11/19/11 $47.23    
29-Nov-11 $8.32 Interim Trade Sell Dec $9 call @ .28 Expired 12/17/11 $17.23    
22-Dec-11 $7.52 Interim Trade Sell Feb $9 call @ .40 Rolled 1/12/12 $29.23    
12-Jan-12 $14.09 Combo BB & Roll Out & Up Buy Feb $9 call @ 5.30   ($540.76)    
12-Jan-12 $14.09 Dollar Cost Averaging Buy 100 DNDN @ 14.089 ($1,418.89)     $5,410.00
$CA   $5,056.71 200 @ $25.28 Averaged 200-Share Position        
12-Jan-12 $14.09 Interim Trade Sell two May $15 calls @ 2.65   $518.46    
                 
    Cash in Hand 14.75%       $745.62  
29-Feb-12 $33.74 Initial Stock Purchase Buy 100 DOW @ 33.7385 ($3,383.84)     $3,213.00
    Current Price $32.13 Dow Chemical Co         
29-Feb-12 $33.74 Initial Call Option Sell Sep $34 call @ 2.73   $262.23    
30-Apr-12       Dividend Received     Yield = 2.96%   $25.00    
                 
    Cash in Hand 8.49%       $287.23  
24-Mar-11 $19.71 Initial Stock Purchase Buy 100 GE @ 19.7082 ($1,980.81)     $1,891.00
    Current Price $18.91 General Electric Co         
24-Mar-11 $19.71 Initial Call Option Sell Sep $20 call @ 1.22 Expired 9/17/11 $111.25    
25-Jul-11       Dividend Received     Yield = 3.03%   $15.00    
23-Sep-11 $15.10 Interim Trade Sell Oct $16 call @ .36 Rolled 10/12/11 $25.23    
12-Oct-11 $16.44 Buy Back & Roll Out & Up Buy Oct $16 call @ .74   ($84.76)    
12-Oct-11 $16.44 Interim Trade Sell Mar $17 call @ 1.08 Exercised 2/23/12 $97.23    
25-Oct-12       Dividend Received     Yield = 3.03%   $15.00    
12-Jan-12 $18.86 Protective Purchase Buy 100 GE @ 18.859 ($1,895.89)     $1,891.00
25-Jan-12       Dividend Received     Yield = 3.43%   $17.00    
23-Feb-12   Stock Assigned EARLY Sell 100 GE @ 17    $1679.97 $1,895.89 ($215.92)    
29-Feb-12   Continued Trade Sell May $20 call @ .36   $25.23    
25-Apr-12       Dividend Received     Yield = 3.43%   $17.00    
                 
    Cash in Hand 1.12% Back to Original Purchase     $22.26  
24-Feb-12 $68.04 Initial Stock Purchase Buy 100 IOC @ 68.04 ($6,813.99)     $5,830.00
    Current Price $58.30 InterOil Corp         
24-Feb-12 $68.04 Initial Short-TERM Call Sell Apr $67.50 call @ 7.75 Expired 4/21/12 $764.23    
26-Apr-12 $58.27 Interim Trade Sell Sep $65 call @ 7.20   $709.22    
                 
    Cash in Hand 21.62%       $1,473.45  
12-Jan-12 $36.61 Initial Stock Purchase Buy 100 LINE @ 36.609 ($3,670.89)     $3,790.00
    Current Price $37.90 Linn Energy LLC         
12-Jan-12 $36.61 Initial Call Option Sell Jul $38 call @ .95   $84.23    
14-Feb-12       Partnership Distribution   $69.00    
                 
    Cash in Hand 4.17%       $153.23  
25-Oct-11 $37.40 Initial Stock Purchase Buy 100 MCP @ 37.399 ($3,749.89)     $2,515.00
    Current Price $25.15 Molycorp Inc         
25-Oct-11 $37.40 Initial Short-TERM call Sell Nov $35 call @ 4.30 Expired 11/19/11 $419.23    
29-Nov-11 $30.98 Continued Trade Sell Jan $35 call @ 1.86 Expired 1/21/12 $175.23    
27-Jan-12 $31.22 Interim Trade Sell Feb $34 call @ 53.23 Expired 2/12/18 $53.23    
24-Feb-12 $26.98 Interim Trade Sell Apr $30 call @ 1.05 Rolled 4/2/12 $94.23    
2-Apr-12 $35.04 Buy Back & Roll Out & Up Buy Apr $30 call @ 4.95   ($505.76)    
2-Apr-12 $35.04 Interim Trade Sell '13 Jan $32.50 LEAP @ 5.50   $539.22    
                 
    Cash in Hand 20.68%       $775.38  
24-May-11 $35.36 Initial Stock Purchase Buy 100 OVTI @ 35.3564 ($3,545.63)     $1,716.00
    Current Price $17.16 Omnivision Technologies Inc         
24-May-11 $35.36 Initial Short-TERM call Sell Jun $35 call @ 2.40 Expired 6/18/11 $229.25    
23-Jun-11 $30.88 Continued ST Trade Sell Dec $35 call @ 3.03 Expired 12/17/11 $292.25    
22-Dec-11 $12.12 Interim Trade Sell Feb $14 call @ .50 Rolled 2/10/12 $39.23    
10-Feb-12 $15.71 Buy Back & Roll Out & Up Buy Feb $14 call @ 1.76   ($186.76)    
10-Feb-12 $15.71 Interim Trade Sell Sep $17 call @ 2.10   $199.23    
                 
    Cash in Hand 16.17%       $573.20  
27-Dec-11 $12.73 Initial Stock Purchase Buy 100 OVTI @ 12.729 ($1,282.89)     $1,716.00
    Current Price $17.16 OmniVision Technologies Inc         
27-Dec-11 $12.73 Initial Call Option Sell Jun $13 call @ 2.10   $199.23    
                 
    Cash in Hand 15.53%       $199.23  
28-Mar-12 $22.32 Initial Stock Purchase Buy 100 PFE @ 22.318 ($2,241.79)     $2,245.00
    Current Price $22.45 Pfizer Inc         
28-Mar-12 $22.32 Initial Call Option Sell Dec $24 call @ .55   $44.23    
                 
    Cash in Hand 1.97%       $44.23  
1-Mar-11 $20.22 Initial Stock Purchase Buy 100 RMBS @ 20.2199 ($2,031.98)     $457.00
    Current Price $4.57 Rambus Inc         
1-Mar-11 $20.22 Initial Short-TERM Call Option Sell Mar $20 call @ 1.21 Expired 3/21/11 $110.25    
21-Mar-11 $19.41 Continued ST Trade Sell Apr $20 call @ .97 Expired 4/16/11 $86.25    
18-Apr-11 $20.08 Continued ST Trade Sell May $20 call @ 1.29 Expired 5/21/11 $148.25    
23-May-11 $13.94 Interim Trade Sell Jun $15 call @ .43 Expired 6/18/11 $32.25    
23-Jun-11 $14.36 Interim Trade Sell Jul $15 call @ .45 Expired 7/16/11 $34.25    
19-Jul-11 $14.38 Interim Trade Sell Aug $15 call @ .50   $39.25    
29-Aug-11 $11.46 Interim Trade Sell Sep $13 call @ .25 Rolled 9/16/11 $14.25    
16-Sep-11 $13.27 Buy Back & Roll Out & Up Buy Sep $13 call @ .31   ($41.74)    
16-Sep-11 $13.27 Interim Trade Sell Oct $15 call @ 1.83   $172.25    
19-Oct-11 $16.65 Buy Back & Roll Out & Up Buy Oct $15 call @ 1.90   ($200.76)    
19-Oct-11 $16.65 Interim Trade Sell Nov $16 call @ 3.40 Expired 11/19/11 $329.23    
29-Nov-11 $7.86 Interim Trade Sell Jan $9 call @ .35 Expired 1/21/12 $29.24    
25-Oct-11 $17.10 Initial Stock Purchase Buy 100 RMBS @ 17.0982 ($1,719.81)     $457.00
25-Oct-11 $17.10 Initial Call Option Sell Nov $16 call @ 2.91 Expired 11/19/11 $280.23    
29-Nov-11 $7.86 Interim Trade Sell Jan $9 call @ .35 Expired 1/21/12 $29.23    
Combined   $3,751.79 200 @ $18.76 Combined 200 Share Position        
27-Jan-12 $8.31 Interim Trade Sell two Feb $9 calls @ .11 Expired 2/18/12 $10.47    
24-Feb-12 $7.56 Interim Trade Sell two Apr $9 calls @ .15 Expired 4/21/12 $18.47    
26-Apr-12 $4.78 Interim Trade Sell two Aug $6 calls @ .20   $28.47    
                 
    Cash in Hand 29.85%       $1,119.83  
24-Mar-11 $37.40 Initial Stock Purchase Buy 100 RVBD @ 37.3964 ($3,749.63)     $1,782.00
    Current Price $17.82 Riverbed Technology Inc         
24-Mar-11 $37.40 Initial Short-TERM call Sell Apr $36 call @ 2.65 Expired 4/16/11 $254.25    
18-Apr-11 $32.49 Continued Trade Sell Sep $36 call @ 2.95 Expired 9/17/11 $284.25    
23-Sep-11 $20.37 Interim Trade Sell Oct $24 call @ .71 Rolled 10/20/11 $60.23    
20-Oct-11 $24.78 Buy Back & Roll Out & Up Buy Oct $24 call @ .95   ($105.76)    
20-Oct-11 $24.78 Interim Trade Sell Dec $27 call @ 1.52 Expired 12/17/11 $141.23    
22-Dec-11 $23.63 Interim Trade Sell Jan $26 call @ .61 Rolled 1/20/12 $50.23    
20-Jan-12 $29.57 Buy Back & Roll Out & Up Buy Jan $26 call @ 3.65   ($375.76)    
20-Jan-12 $29.57 Interim Trade Sell Jun $30 call @ 3.90   $379.23    
                 
    Cash in Hand 18.35%       $687.90  
29-Feb-12 $41.89 Initial Stock Purchase Buy 100 SDRL @ 41.889 ($4,198.89)     $3,594.00
    Current Price $35.94 Seadrill Ltd         
29-Feb-12 $41.89 Initial Call Option Sell Oct $43 call @ 1.75   $164.23    
23-Mar-12       Dividend Received     Yield = 7.62%   $80.00    
                 
    Cash in Hand 5.82%       $244.23  
27-Dec-11 $16.25 Initial Stock Purchase Buy 100  SWKS @ 16.249 ($1,634.89)     $2,492.00
    Current Price $24.92 Skyworks Solutions Inc         
27-Dec-11 $16.25 Initial Call Option Sell May $16 call @ 2.40   $229.23    
                 
    Cash in Hand 14.02%       $229.23  
19-Nov-11 $23.47 Initial Stock Purchase Buy 100 TSO @ 23.4685 ($2,356.84)     $2,225.00
    Current Price $22.25 Tesoro Corp         
19-Nov-11 $23.47 Initial Short-TERM call Sell Dec $23 call @ 1.47 Expired 12/17/11 $136.23    
22-Dec-11 $23.16 Appreciated Trade Sell Aug $24 call @ 3.43   $332.23    
                 
    Cash in Hand 19.88%       $468.46  
21-Mar-11 $24.00 Initial Stock Purchase Buy 100 UAL @ 23.9999 ($2,409.98)     $2,347.00
    Current Price $23.47 United Continental Holdings Inc         
21-Mar-11 $24.00 Initial Call Option Sell Sep $23 call @ 4.01 Expired 9/17/11 $390.25    
23-Sep-11 $20.01 Interim Trade Sell Oct $22 call @ .52 Expired 10/25/11 $41.23    
25-Oct-11 $20.19 Interim Trade Sell Nov $22 call @ .38 Expired 11/19/11 $27.23    
29-Nov-11 $17.75 Interim Trade Sell Dec $19 call @ .38 Rolled 12/13/11 $27.23    
13-Dec-11 $20.45 Buy Back & Roll Out & Up Buy Dec $19 call @ 1.53   ($163.76)    
13-Dec-11 $20.45 Interim Trade Sell Mar $21 call @ 1.88 Expired 3/17/12 $177.23    
19-Mar-12   Interim Trade Sell Apr $21 call @ .75 Rolled 4/18/12 $64.23    
18-Apr-12 $22.79 Buy Back & Roll Out & Up Buy Apr $21 call @ 1.88   ($198.76)    
18-Apr-12 $22.79 Interim Trade Sell Sep $23 call @ 2.63   $252.23    
9-May-12 SIGPY              
415 22.52% Cash in Hand 25.61%       $617.11  
                 
                 
                Total invested in Stock Positions $64,288.70      
        New cash generated via trading activity   $13,728.34    
          Current Value of Stock in Portfolio $57,354.00
                 
        Active Position Recap    
                 
        Number of open Position 21      
        Average Investment $3,151.65      
        Average Generate $481.62      
        Percentage Generated 15.28%      
        Average Active Duration 234      
        Average Annualize Generation Rate 23.83%      
        Current Cash Balance $1,286.41      
        Current AISN Value $48,494.62      
        New Cash Generated in 2011 $13,728.34      
                 
        NOTE:  With open positions, there is always the possibility of "give back" when the position is closed, so the cash generated and corresponding percentage are for reference only.    
                 

 

Please note .... a detailed explanation of the AISN Value calculation can be found at the bottom of the Portfolio Index page.

IMPORTANT - The 'Current Value of Stock in Portfolio' is not the same as a liquidation value.  This figure simply reflects the current value of the stock that was purchased.  We know what we paid for it ... and this figure indicates what it is worth as of a given date.  The significance of this data point lay in the fact that it let's us know if our stock are appreciation or losing value.  In order to liquidate the portfolio, any existing calls would need to be closed (purchased). Needless to say, we would 'like' our purchases to appreciate, but as you should know, that is not a requirement to making money with a covered call portfolio.

PLEASE NOTE THAT THIS PORTFOLIO IS NOT TO BE CONSIDERED AS A RECOMMENDATION TO INVEST IN STOCK OR ANY OTHER EQUITY.  THE INFORMATION IS PROVIDED FOR EDUCATIONAL PURPOSES ONLY.  THERE IS NO GUARANTEE THAT SIMILAR TRANSACTIONS CAN BE EXECUTED IN THE FUTURE. INVESTING IN THE STOCK MARKET INVOLVES RISKS, DO SO ONLY WITH A KNOWLEDGE AND UNDERSTANDING OF THE RISKS INVOLVED! STRATEGIES INVOLVING TAX ISSUES SHOULD BE DISCUSSED WITH YOUR TAX PROFESSIONAL.

The information provided above is for informational purposes only, and no mention of a particular security constitutes a recommendation to buy, sell, or hold that or any other security, or that any particular security, portfolio of securities, transaction, investment strategy is suitable for any specific person. You further understand that the Covered Writer will not advise you personally concerning the nature, potential, value or suitability of any particular security, portfolio of securities, transaction, investment strategy or other matter. To the extent any of the information available on this website may be deemed to be investment advice, such information is impersonal and not tailored to the investment needs of any specific person. Always remember that past results are not necessarily indicative of future performance.

These are the terms of use.  Why are they here?  Because the examples provided are real.  The transactions actually took place.  The dates are real, the positions are real.  Some transactions will have been executed on the day you receive the email.  What you are agreeing to, is the fact that in no way is it being suggested that you can, or should, enter a similar position.  Why?  Because that would be providing investment advice and the Covered Writer is not authorized to do that.  There is also no guarantee that similar transactions could be executed at any time in the future. Only licensed brokers are allowed to provide investment advice.  Therefore, you are agreeing that the preceding example was provided for 'educational purposes' for the sole purpose of illustrating the Systematic Covered Writing strategies.

Thank you!

SYSTEMATIC COVERED WRITING
Copyright © 2006. All rights reserved.
Revised: 05/09/12