Monday, June 29, 2009 12:39:21 AM EDT New Covered-Call Candidates by Ray Cummins Click here to email Ray Cummins

This week's portfolios include short and long term plays with various levels of risk and reward.

Conservative (ITM), Short-term Covered-Calls for June 28, 2009

Speculative (OTM), Short-Term Covered-Calls for June 28, 2009

Conservative (ATM/OTM), Longer-Term Covered-Calls for June 28, 2009

Notes/Abbreviations:

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