Covered Call Strategy Sheet Version 5.

5
Strategy

Shares

Stock

Price

Buy

1,000

akam

$31.02

Leverage

Cash Required

$ Profit if
Called

% Return

Cash

($30,000)

$2,980

9.93

1.5

($20,000)

$2,980

14.90

($15,000)

$2,980

19.87

Enter the amount of shares, th

Step 1
Step 2

Go to a website that has prices on options, like www.optionsxp

Step 3

Then enter the month of the option and the days until expiration, also found on that site. Then the

2nd Comparison
Strategy

Shares

Stock

Price

Buy

1,000

akam

$31.02

Leverage

Cash Required

$ Profit if
Called

% Return

Cash

($30,650)

$330

1.08

1.5

($20,433)

$330

1.62

($15,325)

$330

2.15

($10,217)

$330

3.23

gy Sheet Version 5.5

Enter parameters in Yellow, the spreadsheet will do

$ Amount

Strategy

Contracts

Option Month

($31,030)

Sell Calls

10

aug

Days in Trade

Annualized %

Per Day

Static % Return

38

95.41

38

143.12

38

190.82

3.35%
$78.42

6.71%
10.06%

Days to
Expiration
38
% move to be in
the $
Adverse %
protection
Down to
Ratio

Enter the amount of shares, the Stock Symbol and the current price of the stock in the areas indicated in light yellow

as prices on options, like www.optionsxpress.com Select a call option that is a little higher than where the stock is and a few months out, lik

piration, also found on that site. Then the strike price and the option premium/price Hit "Enter" and everything will calculate out, from how m

$ Amount

Strategy

Contracts

Option Month

Sell Calls

10

jul

Days in Trade

Annualized %

Per Day

Static % Return

131.00

Per Day

1.26%

196.49

261.99

392.99

($31,030)

$110.00

Days to
Expiration
3
% move to be in
the $

2.51%

Adverse %
protection

3.77%

Down to

5.03%

Ratio

he spreadsheet will do the rest. All Final results are Net of commissions on each transaction.

Strike

Option Premium

$ Amount

Gross Investment

$33.00

$1.04

$1,030

($30,000)

6.38%

% Profit by
Premium

34.56%

3.47%

% Profit stock
appreciation

65.44%

Ratio

52.82%

$29.98
54.35%

n light yellow
and a few months out, like 1-4 months or so.

calculate out, from how much $ you will need, the returns "IF" called and so on.

Strike

Option Premium

$ Amount

Gross Investment

$31.00

$0.39

$380

($30,650)

-0.06%

% Profit by
Premium

115.15%

1.27%

% Profit stock
appreciation

-15.15%

$30.63

Ratio

-760.00%

-1974.83%