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rjm77me
rjm77me vip
P&P Score: 99.94   Points: 616.65   Accuracy: 77.28%   Average Pick Score: 0.89   Annual Return: 32.85% (94.05% since 7/16/09)  

rjm77me's Blog : 5.5% return in 40 days with 80% safety factor =45% annual return

Date December 10, 2010  Edited: December 10, 2010    Comments Comments (4)    Rate this post Recommend This Post (89)   
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Here is my covered call play
Buy STD at 11.00 or under and sell Jan 11 call at 60 to 70 cents
80% chance is that stock will be taken away leaving you the profit made by the premium collected by selling the covered call

THIS means annual return of 45% plus

PLEASE DO YOUR OWN HOME WORK
Tags : COVERED CALL OPTION PLAY   STD   AKS  

4 Comment(s):

Author rjm77me     Date December 10, 2010 10:25 Abuse this post Report Abuse
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Second covered call play is Buy AKS at 14.5 or lower and sell Jan 15 call for 55 cents plus - this has higher beta and less confidence level - stock can move up and down quickly.
Author rjm77me     Date December 10, 2010 16:44 Abuse this post Report Abuse
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RDWR has huge option buying interest - it appears to be a buy out candidate
If nothing happens this week end - buy stock and sell jan 40 call 3.00 -0.30 3.00 3.20 330 2,309 or Jan 43 call for 1.83 +0.23 1.80 2.00 154 268
You book some decent return
Please do your own home work before following any recommendations by me
Author rjm77me     Date December 10, 2010 16:56  Edited: December 13, 2010 by rjm77me Abuse this post Report Abuse
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Bought Jan 52.5 KSS calls and sold KSS Jan 57.5 calls for a debit of 1.85 or $185 per contract plus $2 trading cost per - target $350 - max potential $500 may not be reached.
I will take profit for $1 or $100 for $187 investment risk - stop loss at 50 cents or $50 = probability of profit 70%
Author JaiH     Date December 12, 2010 16:12 Abuse this post Report Abuse
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Selling call options on your stocks is a conservative investment strategy, it might make you 5 to 10% a year. Of course with your crystal ball anything is possible 45% yeah right.
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