Friday, January 15, 2010

Options Expiration Day - January 2010

The Covered Calls Investor Portfolio contained a total of 6 positions with January 2010 expirations, and 3 positions either with a Non-January expiration or no current covered call. The 3 positions with January expiration had the following results:

- 3 positions (JACK, LPHI, BKE) closed in-the-money.
The annualized gain/loss results (after commissions) were:

Jack In The Box (JACK) => 26.61% (Held Since 9/29/2009)
Life Partners Holdings (LPHI) => 50.98% (Held Since 11/30/2009)
The Buckle (BKE) => 79.74% (Held Since 12/23/2009)

- 3 positions in the portfolio (GME, MRO, DFS) ended out-of-the-money.

The positions in the portfolio which did not have December expirations include:

United States Natural Gas (UNG)(300 Shares) - April $12 Call, 2 February $13 Calls

MEMC Electronics (WFR) (100 Shares) - April $16 Call

Verizon (VZ) (200 Shares) - April $31 Covered Call, July $32 Covered Call

Abbott Labs (ABT) (100 Shares) - May $52.50 Call

Juniper Networks (JNPR) - 1 February $24 CSP

Buffalo Wild Wings (BWLD) - February $40 Call

Arkansas Best (ABFS) - 1 February $27.50 CSP

Multi-Fine Elextronix (MFLX) - 1 February $25 CSP

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