Conservative (ITM) Covered-Calls for April 6, 2008
Covered Call System Newsletter, Saturday, 04/05/2008 02:32:16 PM ET
New Covered-Call Candidates
HAVING TROUBLE PRINTING?
Speculative (ATM/OTM) Covered-Calls for April 6, 2008
Longer-Term (ATM/OTM) Covered-Calls for April 6, 2008
With 78 days until the June options expiration and an uncertain market
outlook, we are not going to recommend any long-term plays this week...
Stock Symbol - The stock to purchase for the covered-call
Last Price - The (stock) closing price on the trading day prior to the portfolio publishing date
Expiration Month, Strike Price, Option Ticker - Identifies the specific option to be sold
Option bid - The (option) closing price on the trading day prior to the portfolio publishing date
Cost Basis - The resultant cost per share after the call option is sold (stock price less option bid)
% Gain if assigned - Amount of profit (based on position cost basis) with option exercised
% Downside Protection - Relative distance to cost basis, based on cash received from sold option