Thursday, February 17, 2011

YRCW covered call

YRCW has been stagnant in the stock price appreciation and depreciation.
Opened a covered call position:
BOT +1 COVERED YRCW 100 APR 11 3.5 CALL/YRCW @2.96 ISE

YRCW Projected Return
If Price Total Gain($) Total Gain(%) APR
Assigned >3.50 0.47 ~15.5% 99.3%
Not Assigned ~3.50 0.47 ~15.5% 99.3%
Break Even 2.96 (16.1% downside protection)

thanx callpix.com

2/23: added another YRCW cc: BUY +1 COVERED YRCW 100 APR 11 3.5 CALL/YRCW @2.7.

The return looks very juicy but stock is very very risky.

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