Further to my previous post, here are my November plays.
I am looking at an 8.4% return (less commissions) for an average
of about two weeks.
I currently have roughly the same number of December plays at
a return for about 17% for an average of six weeks. I will add
more December plays after November expiration.
These are all high volatility plays and all were found on the coveredcalls website.
Date stock shares purch. strike Option B/E Max net max max max % current cushion
price price gain cost return profit return price
Nov 4 CNCX 400 25.00 25 1.875 23.125 1.875 9,250 10,000 750.00 8.1% 34 47.03%
Nov 11 DLP 400 27.13 25 3.875 23.25 1.75 9,300 10,000 700.00 7.5% 28 20.43%
Oct 27 KROG 1000 15.31 12.5 3.75 11.5625 0.9375 11,563 12,500 937.50 8.1% 16 38.38%
Nov 5 MMCN 500 20.75 20 2.0625 18.6875 1.3125 9,344 10,000 656.25 7.0% 22.75 21.74%
Nov 2 OTEX 1000 12.25 12.5 0.9375 11.3125 1.1875 11,313 12,500 1187.50 10.5% 14.25 25.97%
Oct 28 TGLO 1000 10.50 10 1.3125 9.1875 0.8125 9,188 10,000 812.50 8.8% 10.75 17.01%
59,956 65,000 5043.75 8.4% |
