Hi Barry,
You posted some great info. I think it was in 2005-2006, that weren't especially remarkable - against the CC writer, when CSE attempted to publish actual results. They soon had to pull down this particular website section, since their methods were seriously taking in water.
IBD on the other hand has data that I have found to be especially useful for the individual investor that I do rely upon. In fact, I have built my investment philosophies - including my CC system using IBD research.
Over the past decade the Web has generated 40 million covered call related hits. I haven't checked out the Blue Collar Investor, but I've only seen a few that publish results that are profitable for the long-term. If anyone would like to learn from my relatively simple covered call strategy approach -
You can now join my new group:
http://groups.
Then check the links and files section for more info on (FREE) auto-trading & mentoring.
I do expect good tidings in 2010.
Gilbert
PS I will continue to post all 2010 trades, CC Candidates, Market Direction, Model Portfolio and spreadsheet updates to the COS Group.
--- In ConservativeOptionS
>
> I too am a CSE "Graduate"..
> Prior to CSE, I attended the initial Investools weekend seminar. This was
> my first introduction to covered calls. Realizing how expensive the
> Investools advanced training was, I decided to look for other approaches I
> was satisfied with what I learned at the initial Investools seminar well as
> their on-line data service.
>
> Looking for another training approach, I accidentally came across one of the
> CSE radio programs. I listened to the program for about three weeks before
> I attended one of their Tuesday evening free 2-hour introductory webinars.
> After five or six 2-hour intro webinars, I decided to take the plunge and
> enroll in CES's "Two Day Intensive". Like others, I had early
> success...however, that success was coming at the very top of the market. I
> then re-attended the "Two Day Intensive" three more times because I really
> wanted to thoroughly understand the management techniques. After being badly
> hurt in the march'09market drop I came to a conclusion that the CSE Covered
> Calls methodology worked in up markets and not well in down markets. When
> you are on the CSE site, the proof they show are all pre-market drop data.
> Th technique may work for some...it didn't for me...it may work for others
> who follow the rules better than I did.
>
> While searching for a methodology to provide retirement cashflow and I come,
> I came across the "Blue Collar Investor" name on one of the many Yahoo
> Covered calls groups. After going to the site and reading consistently
> positive comments about the approach, I ordered the book. After doing some
> paper trading ffor awhile, I nade the decision to use this methodology.
>
> I read the Blue Collar blog almost every day. What sets this methodology
> apart from all the rest is that Alan Ellman (author of the two "Cashing In
> On Covered Calls" books) teaches a methodology that the reader can
> execute...no need for "toolboxes", proprietary techniques, or other secret
> sauces. The only cost in using his methods is a subscription to IBD to get
> the IBD100 online. Alternatively, you could just buy the Monday edition of
> the newspaper (which is availabble on Saturday). His methodology uses FREE
> data available on the internet (he gives you the websites in his book). He
> uses:
> - IBD100 stocks as the basis of the stock selection
> - Eliminates all stocks that do not have options
> - Eliminates stocks that report same store sales (since they act like an
> earnings report)
> - Eliminates stocks that are reporting earnings in the option month
> (although they can be kept on a watch list if they passed the other screens)
> - Eliminates any stocks that do not have all of the IBD Smart Select Ratings
> Green (combination of fundamental and technical analysis)
> - Uses MSN StockScouter and eliminates all stocks that have a 4 or
> less...keeps 5 or greater (combination of fundamental and technical
> analysis)
> - Uses stockcharts.
> > the price needs to be above the 20 day EMA
> > the 20 day EMA needs to be above the 100 day EMA
> > the MACD and Slow Stochastics need to be giving a bullish signal
> > the stock needs to trade more than 250K shares/day
>
> He also writes a weekly blog with extremely useful info and has a very
> active user community. He is one of the few options guys out there that
> actually teach a workable methodology that allows the reader to be able to
> rely on themselves..
> a reasonably priced stock screening service (not selection or
> recommendations) for those who don't have the time to do the weekly
> screening (takes about four hours per week to do properly)...
> not necessary if you are willing to put in the time. The beauty of his
> approach is that you can do it yourself...without any expense other than the
> weekend IBD...use free sites...become totally self -sufficient.
>
> I apologize if I'm preaching, but this guy is the real deal...he cares about
> the little guy.
>
> Barry
>
> On Sun, Mar 28, 2010 at 12:17 PM, StanG <asahi3@...> wrote:
>
> >
> >
> > Hi
> > Try:
> > http://www.thebluec
> > for covered calls and much less expensive books that CSE, with the same or
> > better information.
> > Stan
> >
> > --- In ConservativeOptionS
> > <for.junk@> wrote:
> > >
> > > Gilbert,
> > >
> > >
> > >
> > > I started by ordering & reading “Covered Calls & LEAPS â€" A Wealth
> > Option†from Compound Stock Earnings. Yesterday I signed up for the free
> > one month CSE toolbox to review. I then went online and came across a yahoo
> > group discussion for CSE which led from one link to another. I’m not sure
> > where you fit in, I just want to sell some version of covered calls. I am
> > not a pro, but am very familiar with options and how they work in general
> > although not really profitably. If you’re a mentor in this area, I’d
> > like to hear more information from you.
> > >
> > >
> > >
> > > GARY
> > >
> > >
> > >
> > >
> > >
> > > From: ConservativeOptionS
> > ConservativeOptionS
> > On Behalf Of Gilbert
> > > Sent: Saturday, March 27, 2010 1:43 PM
> > > To: ConservativeOptionS
> > > Subject: [ConservativeOption
> > >
> > >
> > >
> > >
> > >
> > >
> > >
> > > Thanks Jeff,
> > >
> > > At present I manage my personal accounts, only. However I do now mentor,
> > for free, around 10 others with my covered call fund management program. It
> > is very similar to what I am demonstrating to the COS group - minus (2)
> > training seminar series'.
> > >
> > > In the past I have charged for these services. I try to benefit the
> > individual investor with a a valuable covered call system - that will work
> > for the rest of their life.
> > >
> > > Meanwhile, if you noted from my previous response, my current (JAN 2009 -
> > present) performance is under independent audit. All trades you see posted
> > to the COS group are being tracked.
> > >
> > > These trades can also be auto-traded. Anyone can send me a private email
> > for more info on how to have each trade from my covered call system
> > automatically executed in your own account (still free).
> > >
> > > Additionally, in the future I may start my own Yahoo! Group (if there is
> > any interest) to share more about mentoring CC fund managers and to discuss
> > my various webinars.
> > >
> > > G
> > >
> > > --- In ConservativeOptionS
> > ConservativeOptionS
> > , "Jeff" <jeffloeb@> wrote:
> > > >
> > > > Gil,
> > > >
> > > >
> > > >
> > > > Thanks so much for the response. By my rough calculations, trading your
> > system starting with $20,000 in 1999 would leave you with $718,000 today vs.
> > $25,000 just investing in a NASDAQ index. These returns are better than a
> > lot of professional money managers. Do you manage other peoples’
> > money or are you trading just your own?
> > > >
> > > >
> > > >
> > > > Jeff
> > > >
> > > >
> > > >
> > > > From: ConservativeOptionS
> > ConservativeOptionS
> > [mailto:ConservativeOptionS
> > ConservativeOptionS
> > ] On Behalf Of Gilbert Arevalo
> > > > Sent: Friday, March 26, 2010 11:10 AM
> > > > To: ConservativeOptionS
> > ConservativeOptionS
> >
> > > > Subject: Re: [ConservativeOption
> > > >
> > > >
> > > >
> > > >
> > > >
> > > > Yes Jeff. I can give my results since 1999.
> > > >
> > > > Traded a 50% (average) annual return for 10 years.
> > > > My covered call system has routinely beat the Nasdaq for over 10 years,
> > while keeping loss periods or â€Å"drawdown†to a minimum. Annual
> > returns are as follows:
> > > >
> > > > 1999: KC Fund 77%, Nasdaq 39%
> > > > 2000: KC Fund 72%, Nasdaq 38%
> > > > 2001: KC Fund 16%, Nasdaq (38%)
> > > > 2002: KC Fund 1%, Nasdaq (37%)
> > > > 2003: KC Fund 120%, Nasdaq 50%
> > > > 2004: KC Fund 44%, Nasdaq 9%
> > > > 2005: KC Fund 76%, Nasdaq 1%
> > > > 2006: KC Fund 34%, Nasdaq 10%
> > > > 2007: KC Fund 12%, Nasdaq 10%
> > > > 2008: KC Fund 28%, Nasdaq (41%)
> > > > 2009: KC Fund (6%), Nasdaq 44%
> > > > 2010: KC Fund 0%, Nasdaq 5%
> > > >
> > > > Note a long-term 40% average out-performance versus the Nasdaq. This
> > can mostly be seen within a one-year period. Also note an anomaly produced
> > by the volatile Bear Market of 2007-2009. A volatile 2007 showed a minimal
> > out-performance, while 2008’s was huge. For all of 2009 and (3)
> > months into 2010 has yet to produce our standard divergence, thereby giving
> > us optimistic expectations for the rest of 2010.
> > > >
> > > > (Paper-traded: Jun 1998 - May 2001, Real money: Jan 2002 - present,
> > Independent audit: Jan 2009 - present. Figures are rounded.)
> > > >
> > > > Please note, THIS DOES NOT INCLUDE COMMISSIONS. Although portfolio
> > allocations (up to ~10 positions) are basically the same for my $20,000
> > Model Portfolio as for larger accounts, with smaller accounts - trade
> > commissions significantly impact ytd returns! However on the plus side,
> > covered calls can be traded in an IRA account and compounded for years. With
> > each passing year, when keeping the same percent allocations, commissions
> > account for less of the overall total.
> > > >
> > > > G
> > > >
> > > >
> > > >
> > > > _____
> > > >
> > > > From: Jeff <jeffloeb@>
> > > > To: ConservativeOptionS
> > ConservativeOptionS
> >
> > > > Sent: Thu, March 25, 2010 3:11:30 PM
> > > > Subject: RE: [ConservativeOption
> > > >
> > > >
> > > >
> > > > Gilbert,
> > > >
> > > >
> > > >
> > > > Could you post your annual results for 2005, 2006, 2007, 2008, and 2009
> > so that we can see how this strategy works in different market conditions?
> > > >
> > > >
> > > >
> > > > Thanks.
> > > >
> > > >
> > > >
> > > > Jeff
> > > >
> > > >
> > > >
> > > > From: ConservativeOptionS trategies@ yahoogroups. com [mailto:
> > Conservativ eOptionStrategie s@yahoogroups. com] On Behalf Of Gilbert
> > > > Sent: Thursday, March 25, 2010 1:59 PM
> > > > To: ConservativeOptionS trategies@ yahoogroups. com
> > > > Subject: [ConservativeOption Strategies] Re: My 2010 CC Trades
> > > >
> > > >
> > > >
> > > >
> > > >
> > > > Heres is my 2010 Trading History -
> > > >
> > > > Transaction Date Underlying Symbol Trade Type b=buy s=sell Number of
> > Shares Option Month Option Strike Price Price per Share Total Cost (debit)
> > (buy) Total Cost (credit) (sell) Balance
> > > > 1-Jan-2010 $20,000.00
> > > > 6-Jan-2010 NANO B 200 $11.38 ($2,276.00) $17,724.00
> > > > 6-Jan-2010 NANO S 100 JAN 12.5 $0.15 $15.00 $17,739.00
> > > > 6-Jan-2010 NANO S 100 FEB 12.5 $0.75 $75.00 $17,814.00
> > > > 6-Jan-2010 STEC B 100 $19.17 ($1,917.00) $15,897.00
> > > > 6-Jan-2010 STEC S 100 JAN 19 $0.90 $90.00 $15,987.00
> > > > 7-Jan-2010 NANO B 100 JAN 12.5 $0.30 ($30.00) $15,957.00
> > > > 7-Jan-2010 NANO S 100 $11.10 $1,110.00 $17,067.00
> > > > 7-Jan-2010 VIT B 100 $20.21 ($2,021.00) $15,046.00
> > > > 7-Jan-2010 VIT S 100 JAN 20 $0.75 $75.00 $15,121.00
> > > > 11-Jan-2010 ASIA B 100 $29.05 ($2,905.00) $12,216.00
> > > > 11-Jan-2010 ASIA S 100 JAN 30 $0.45 $45.00 $12,261.00
> > > > 12-Jan-2010 ASIA B 100 JAN 30 $0.25 ($25.00) $12,236.00
> > > > 12-Jan-2010 ASIA S 100 $28.60 $2,860.00 $15,096.00
> > > > 13-Jan-2010 STEC B 100 JAN 19 $0.70 ($70.00) $15,026.00
> > > > 13-Jan-2010 STEC S 100 $19.31 $1,931.00 $16,957.00
> > > > 13-Jan-2010 VIT B 100 JAN 20 $0.15 ($15.00) $16,942.00
> > > > 13-Jan-2010 VIT S 100 $19.46 $1,946.00 $18,888.00
> > > > 13-Jan-2010 NANO S 100 $11.30 $1,130.00 $20,018.00
> > > > 13-Jan-2010 NANO B 100 FEB 12.5 $0.95 ($95.00) $19,923.00
> > > > 13-Jan-2010 NANO B 100 $12.14 ($1,214.00) $18,709.00
> > > > 13-Jan-2010 NANO S 100 FEB 12.5 $0.95 $95.00 $18,804.00
> > > > 14-Jan-2010 NANO B 100 $11.55 ($1,155.00) $17,649.00
> > > > 14-Jan-2010 NANO S 100 FEB 12.5 $0.70 $70.00 $17,719.00
> > > > 19-Jan-2010 STEC B 100 $19.32 ($1,932.00) $15,787.00
> > > > 19-Jan-2010 STEC S 100 FEB 19 $1.45 $145.00 $15,932.00
> > > > 20-Jan-2010 STEC B 100 FEB 19 $0.70 ($70.00) $15,862.00
> > > > 20-Jan-2010 STEC S 100 $17.83 $1,783.00 $17,645.00
> > > > 21-Jan-2010 NANO B 200 FEB 12.5 $0.50 ($100.00) $17,545.00
> > > > 21-Jan-2010 NANO S 200 $11.02 $2,204.00 $19,749.00
> > > > 2-Mar-2010 BCSI B 100 $29.94 ($2,994.00) $16,755.00
> > > > 2-Mar-2010 BCSI S 100 MAR 30 $0.85 $85.00 $16,840.00
> > > > 8-Mar-2010 NUS B 100 $29.38 ($2,938.00) $13,902.00
> > > > 8-Mar-2010 NUS S 100 APR 30 $1.10 $110.00 $14,012.00
> > > > 15-Mar-2010 TRLG B 100 $29.41 ($2,941.00) $11,071.00
> > > > 15-Mar-2010 TRLG S 100 APR 30 $1.10 $110.00 $11,181.00
> > > > 18-Mar-2010 VLTR B 100 $24.87 ($2,487.00) $8,694.00
> > > > 18-Mar-2010 VLTR S 100 APR 25 $1.00 $100.00 $8,794.00
> > > > 19-Mar-2010 NUS B 100 APR 30 $0.55 ($55.00) $8,739.00
> > > > 19-Mar-2010 NUS S 100 $28.28 $2,828.00 $11,567.00
> > > > 19-Mar-2010 BCSI EXERCISED 100 MAR 30 $0.00 $11,567.00
> > > > 19-Mar-2010 BCSI S 100 $30.00 $3,000.00 $14,567.00
> > > > 23-Mar-2010 CENX B 100 $15.26 ($1,526.00) $13,041.00
> > > > 23-Mar-2010 CENX S 100 APR 15 $1.00 $100.00 $13,141.00
> > > >
> > > > Keep in mind the $13,141 is the cash balance and that I have (3) open
> > CC positions to account for a total Model Portfolio value of $20,060. We
> > began 2010 with a $20,000 account balance.
> > > >
> > > > Over the years, I have seen the best that naked put and LEAP strategies
> > can provide, but over the past 10+ years - this CC approach has done
> > remarkably better. Since 1998, my CAGR (compound annual growth rate) of 50%
> > coupled with a (max) drawdown of 20%, gives me a Calmar ratio of 2.5.
> > > >
> > > > Plus, for my trading style this simplistic system approach bodes well.
> > > >
> > > > G
> > > >
> > > > --- In ConservativeOptionS trategies@ yahoogroups. com <mailto:
> > ConservativeOptionS
> > , Scott Meseck <srmeseck@> wrote:
> > > > >
> > > > > Thanks Gilbert. I can't open you transaction link which shows trades.
> > I am
> > > > > new to this group, so I appreciate your answers. Have you ever
> > thought of
> > > > > doing this with LEAPS? ie like Joe's trades? If you have a stop loss
> > on
> > > > > the short term call, you could do this with more leverage, right?
> > > > >
> > > > > On Wed, Mar 24, 2010 at 6:40 AM, Gilbert <gilbert_arevalo@
> > > > >
> > > > > >
> > > > > >
> > > > > >
> > > > > >
> > > > > > Not sure what your question is, Scott, but unfortunately taking
> > losses are
> > > > > > a part of all trading systems. The idea is to first limit losses
> > and second,
> > > > > > hope to participate with good stock selections moving with the
> > trend.
> > > > > >
> > > > > > Also, with a loss you don't *get* - but have to buy back the call
> > premium.
> > > > > > This premium has a time component that does decay the longer the
> > position is
> > > > > > held, so if you have to "unwind" the CC position very soon it costs
> > you, but
> > > > > > the closer toward expiration the loss is less.
> > > > > >
> > > > > > Either way, if a position that moves against me is stock specific
> > (not due
> > > > > > to an adverse market condition/shift) I will find another to
> > replace it and
> > > > > > take in the lost premium and then some.
> > > > > >
> > > > > > Mostly positions go ITM - barring the current (past 6-8 month)
> > environment.
> > > > > > I hope this helps and I look forward to your continued observations
> > of my
> > > > > > system.
> > > > > >
> > > > > > G
> > > > > >
> > > > > > --- In ConservativeOptionS trategies@ yahoogroups. com <mailto:
> > ConservativeOptionS
> > <ConservativeOption
> > > > > > Scott Meseck <srmeseck@> wrote:
> > > > > > >
> > > > > > > I don't get this strategy. You seem to be placing a covered call
> > and
> > > > > > > avoiding unlimited downside risk by placing a stop at the
> > purchase price,
> > > > > > > less the money you get for the call. But most of the trades look
> > like
> > > > > > they
> > > > > > > went down, particularly during the first part of the year. So, if
> > the
> > > > > > > delta on a covered call is say 50 and lets say you bought the
> > stock for
> > > > > > 20,
> > > > > > > sold the call for $1, with a stoploss at 19, wouldn't you trigger
> > the
> > > > > > > stoploss at 19, but get about $.50 when you buy back the call?
> > i.e., you
> > > > > > > just loss .50 on the trade?
> > > > > > >
> > > > > > > On Tue, Mar 23, 2010 at 12:02 PM, Gilbert <gilbert_arevalo@
> > >wrote:
> > > > > > >
> > > > > > > >
> > > > > > > >
> > > > > > > >
> > > > > > > >
> > > > > > > > We have entered week 4, since the recent rally confirmation or
> > "Green
> > > > > > > > Light" on 01-MAR-2010, which dictates we enter a new position.
> > This one
> > > > > > will
> > > > > > > > be about 1/2 (~7.5%) the typical ~15-20% position allocation.
> > > > > > > >
> > > > > > > > This position from our watchlist has a good front-month premium
> > and has
> > > > > > > > already reported earnings. Our entry could be better (with a
> > breakout)
> > > > > > so on
> > > > > > > > a pullback - with continued good market action we may ADD
> > another 100
> > > > > > shares
> > > > > > > > near our stop-loss point.
> > > > > > > >
> > > > > > > > Tuesday, March 23, 2010
> > > > > > > >
> > > > > > > > 2:36 pm EST
> > > > > > > >
> > > > > > > > Bought 100 shares of CENX (Century Aluminum Company) at $15.26
> > (ask).
> > > > > > > >
> > > > > > > > Sold (1) CENX Apr 15 (CQL1017D15) call option contract at $1.00
> > (bid).
> > > > > > > >
> > > > > > > > Stop Loss: $14.26
> > > > > > > >
> > > > > > > > But, I'd really like for this to breakout and go further ITM.
> > > > > > > >
> > > > > > > > G
> > > > > > > >
> > > > > > > > --- In ConservativeOptionS <mailto:
> > ConservativeOptionS
> > trategies@ yahoogroups. com<ConservativeOpt
> > com>
> > > > > > <ConservativeOption
> > > > > > > > Gilbert Arevalo <gilbert_arevalo@
> > > > > > > > >
> > > > > > > > > Friday's close also marked the expiration of our short March
> > call
> > > > > > option
> > > > > > > > contract.
> > > > > > > > >
> > > > > > > > > BCSI (Blue Coat Systems, Inc.) closed at $31.63.
> > > > > > > > >
> > > > > > > > > (1) BCSI Mar 30 (IYU1020C30) call option contract was
> > exercised.
> > > > > > > > >
> > > > > > > > > 100 shares of BCSI were sold at $30.00.
> > > > > > > > >
> > > > > > > > > I will now update KCM Pro 2010.xls, since any volunteers for
> > this CC
> > > > > > > > strategy haven't kept it up. Remember, anyone can download the
> > excel
> > > > > > > > spreadsheet and try my strategy trades on for size (on paper or
> > for
> > > > > > real).
> > > > > > > > It is the easiest way for a newbie to get up-to-speed with
> > covered call
> > > > > > > > investing and for the undisciplined investor to learn my rules.
> > I've
> > > > > > seen
> > > > > > > > intermittent higher returns and I've seen many scale back or
> > quit
> > > > > > > > altogether, but this is very simple and consistent way to gain
> > quite a
> > > > > > large
> > > > > > > > average annual return - over multi-year periods.
> > > > > > > > >
> > > > > > > > > G
> > > > > > > > >
> > > > > > > > >
> > > > > > > > >
> > > > > > > > >
> > > > > > > > >
> > > > > > > > > ____________ _________ _________ __
> > > > > > > > > From: Gilbert <gilbert_arevalo@
> > > > > > > > > To: ConservativeOptionS <mailto:
> > ConservativeOptionS
> > trategies@ yahoogroups. com<ConservativeOpt
> > com>
> > > > > > <ConservativeOption
> > > > > > > > > Sent: Fri, March 19, 2010 8:18:21 AM
> > > > > > > > > Subject: [ConservativeOption Strategies] Re: My 2010 CC
> > Trades
> > > > > > > > >
> > > > > > > > >
> > > > > > > > >
> > > > > > > > >
> > > > > > > > > NUS finally succumbs to market distribution, triggering our
> > > > > > "stop-loss"
> > > > > > > > target. With today's closing market losses, it will be the
> > first sign
> > > > > > of
> > > > > > > > clear institutional selling since the Nasdaq's confirmation -
> > 15
> > > > > > sessions
> > > > > > > > ago.
> > > > > > > > >
> > > > > > > > > Friday, March 19, 2010
> > > > > > > > >
> > > > > > > > > 10:36 am EST
> > > > > > > > >
> > > > > > > > > Bought (1) NUS Apr 30 (NUS1017D30) call option contract at
> > $0.55
> > > > > > (ask).
> > > > > > > > >
> > > > > > > > > Sold 100 shares of NUS (Nu Skin Enterprises, Inc.) at $28.28
> > (bid).
> > > > > > > > >
> > > > > > > > > G
> > > > > > > > >
> > > > > > > > > --- In ConservativeOptionS trategies@ yahoogroups. com,
> > "Gilbert"
> > > > > > > > <gilbert_arevalo@ ...> wrote:
> > > > > > > > > >
> > > > > > > > > > As the market continues to prove it's mettle to rally (and
> > with NUS
> > > > > > > > hanging in there) - along with BCSI slated to be exercised
> > after the
> > > > > > close
> > > > > > > > tomorrow, we'll increase our CC portfolio exposure.
> > > > > > > > > >
> > > > > > > > > > Thursday, March 18, 2010
> > > > > > > > > >
> > > > > > > > > > 12:15 pm EST
> > > > > > > > > >
> > > > > > > > > > Bought 100 shares of VLTR (Volterra Semiconductor
> > Corporation) at
> > > > > > > > $24.87 (ask).
> > > > > > > > > >
> > > > > > > > > > Sold (1) VLTR Apr 25 (QYU1017D25) call option contract at
> > $1.00
> > > > > > (bid).
> > > > > > > > > >
> > > > > > > > > > Stop Loss: $23.87
> > > > > > > > > >
> > > > > > > > > > G
> > > > > > > > > >
> > > > > > > > > > --- In ConservativeOptionS trategies@ yahoogroups. com,
> > "Gilbert"
> > > > > > > > <gilbert_arevalo@ > wrote:
> > > > > > > > > > >
> > > > > > > > > > > Monday, March 15, 2010
> > > > > > > > > > > 12:19 pm EST
> > > > > > > > > > >
> > > > > > > > > > > Bought 100 shares of TRLG (True Religion Apparel, Inc.)
> > at $29.41
> > > > > > > > (ask).
> > > > > > > > > > >
> > > > > > > > > > > Sold (1) TRLG Apr 30 (ZJQ1017D30) call option contract at
> > $1.10
> > > > > > > > (bid).
> > > > > > > > > > >
> > > > > > > > > > > Stop Loss: $28.41
> > > > > > > > > > >
> > > > > > > > > > > G
> > > > > > > > > > >
> > > > > > > > > > > --- In ConservativeOptionS trategies@ yahoogroups. com,
> > > > > > "Gilbert"
> > > > > > > > <gilbert_arevalo@ > wrote:
> > > > > > > > > > > >
> > > > > > > > > > > > "Blue Coat Systems (BCSI) roared out of a cup-without-
> > handle
> > > > > > > > pattern. Volume was triple its usual pace. It's now less than
> > 3% past
> > > > > > its
> > > > > > > > 31.15 buy point." IBD states in the recent TBP (The Big
> > Picture).
> > > > > > > > > > > >
> > > > > > > > > > > > We entered BCSI last Tuesday and yesterday's NUS is
> > also (now)
> > > > > > > > doing ok. Of course, the high-octane picks are entirely
> > dependent on
> > > > > > the
> > > > > > > > overall market trend - so we'll keep out strict stop rules.
> > > > > > > > > > > >
> > > > > > > > > > > > My Covered Call Candidates watchlist (see posting
> > shortly) has
> > > > > > a
> > > > > > > > couple of interesting biotech picks (which I avoid). But it has
> > been a
> > > > > > top
> > > > > > > > sector and AMLN and ITMN stand out.
> > > > > > > > > > > >
> > > > > > > > > > > > Apparently I can buy ITMN at 23.3 and sell the MAR 17.5
> > call
> > > > > > for
> > > > > > > > $9. That'll give a "break-even" of 14.3 and a 13.73% return for
> > a 1.8
> > > > > > week
> > > > > > > > holding.
> > > > > > > > > > > >
> > > > > > > > > > > > Very enticing - but I 'll avoid.
> > > > > > > > > > > >
> > > > > > > > > > > > G
> > > > > > > > > > > >
> > > > > > > > > > > > --- In ConservativeOptionS trategies@ yahoogroups.
> > com,
> > > > > > "Gilbert"
> > > > > > > > <gilbert_arevalo@ > wrote:
> > > > > > > > > > > > >
> > > > > > > > > > > > > Monday, March 8, 2010
> > > > > > > > > > > > >
> > > > > > > > > > > > > 11:03 am EST
> > > > > > > > > > > > >
> > > > > > > > > > > > > Bought 100 shares of NUS (Nu Skin Enterprises, Inc.)
> > at
> > > > > > $29.38
> > > > > > > > (ask).
> > > > > > > > > > > > >
> > > > > > > > > > > > > Sold (1) NUS Apr 30 (NUS1017D30) call option contract
> > at
> > > > > > $1.10
> > > > > > > > (bid).
> > > > > > > > > > > > >
> > > > > > > > > > > > > Stop Loss: $28.28
> > > > > > > > > > > > >
> > > > > > > > > > > > > G
> > > > > > > > > > > > >
> > > > > > > > > > > > > --- In ConservativeOptionS trategies@ yahoogroups.
> > com,
> > > > > > > > "Gilbert" <gilbert_arevalo@ > wrote:
> > > > > > > > > > > > > >
> > > > > > > > > > > > > > Tuesday, March 2, 2010
> > > > > > > > > > > > > >
> > > > > > > > > > > > > > 10:35 am EST
> > > > > > > > > > > > > >
> > > > > > > > > > > > > > Bought 100 shares of BCSI (Blue Coat Systems, Inc.)
> > at
> > > > > > $29.94
> > > > > > > > (ask).
> > > > > > > > > > > > > >
> > > > > > > > > > > > > > Sold (1) BCSI Mar 30 (IYU1020C30) call option
> > contract at
> > > > > > $0.85
> > > > > > > > (bid).
> > > > > > > > > > > > > >
> > > > > > > > > > > > > > Stop Loss: $29.09
> > > > > > > > > > > > > >
> > > > > > > > > > > > > > G
> > > > > > > > > > > > > >
> > > > > > > > > > > > > > --- In ConservativeOptionS trategies@ yahoogroups.
> > com,
> > > > > > > > "Gilbert" <gilbert_arevalo@ > wrote:
> > > > > > > > > > > > > > >
> > > > > > > > > > > > > > > This board became very active with the 2009 rally
> > in
> > > > > > stocks.
> > > > > > > > Now that we
> > > > > > > > > > > > > > > are in a correction, an important part of my
> > long-term
> > > > > > growth
> > > > > > > > strategy
> > > > > > > > > > > > > > > is to avoid new buys until a new rally is
> > confirmed. As
> > > > > > you
> > > > > > > > may have
> > > > > > > > > > > > > > > noticed I tend to invest with covered calls using
> > growth
> > > > > > > > stocks. This
> > > > > > > > > > > > > > > only works during uptrends, which I can target
> > very well
> > > > > > > > using IBD
> > > > > > > > > > > > > > > criteria. It is imperative to cash out once we
> > reach our
> > > > > > > > stop-loss
> > > > > > > > > > > > > > > price.
> > > > > > > > > > > > > > >
> > > > > > > > > > > > > > > Just take a look at how many former leaders are
> > fully
> > > > > > tanking
> > > > > > > > into steep
> > > > > > > > > > > > > > > price loss. Right now "cash is king" - at least
> > for my
> > > > > > > > approach.
> > > > > > > > > > > > > > >
> > > > > > > > > > > > > > > [The image
> > > > > > > > > > > > > > > "http://img215. imageshack. us/img215/
> > 2604/promp012210
> > > > > > > > .jpg" cannot
> > > > > > > > > > > > > > > be displayed, because it contains errors.]
> > > > > > > > > > > > > > >
> > > > > > > > > > > > > > > G
> > > > > > > > > > > > > > >
> > > > > > > > > > > > > > > --- In ConservativeOptionS trategies@yahoogrou
> > > > > > > > "Gilbert"
> > > > > > > > > > > > > > > <gilbert_arevalo@ > wrote:
> > > > > > > > > > > > > > > >
> > > > > > > > > > > > > > > > Thursday, January 21, 2010
> > > > > > > > > > > > > > > >
> > > > > > > > > > > > > > > > 11:00 am EST
> > > > > > > > > > > > > > > >
> > > > > > > > > > > > > > > > Bought (2) NANO Feb 12.5 (NTQBV) call option
> > contracts
> > > > > > at
> > > > > > > > $0.50 (ask).
> > > > > > > > > > > > > > > >
> > > > > > > > > > > > > > > > Sold 200 shares of NANO (Nanometrics, Inc.) at
> > $11.02
> > > > > > > > (bid).
> > > > > > > > > > > > > > > >
> > > > > > > > > > > > > > > > G
> > > > > > > > > > > > > > > >
> > > > > > > > > > > > > > > > --- In ConservativeOptionS trategies@yahoogrou
> > > > > > com,
> > > > > > > > "Gilbert"
> > > > > > > > > > > > > > > gilbert_arevalo@ wrote:
> > > > > > > > > > > > > > > > >
> > > > > > > > > > > > > > > > > Wednesday, January 20, 2010
> > > > > > > > > > > > > > > > >
> > > > > > > > > > > > > > > > > 9:30 am EST
> > > > > > > > > > > > > > > > >
> > > > > > > > > > > > > > > > > Bought (1) STEC Jan 19 (SQRAT) call option
> > contract
> > > > > > at
> > > > > > > > $0.70 (ask).
> > > > > > > > > > > > > > > > >
> > > > > > > > > > > > > > > > > Sold 100 shares of STEC (STEC, Inc.) at
> > $17.83 (bid).
> > > > > > > > > > > > > > > > >
> > > > > > > > > > > > > > > > > G
> > > > > > > > > > > > > > > > >
> > > > > > > > > > > > > > > > > --- In ConservativeOptionS trategies@yahoogrou
> > > > > > com,
> > > > > > > > "Gilbert"
> > > > > > > > > > > > > > > <gilbert_arevalo@ > wrote:
> > > > > > > > > > > > > > > > > >
> > > > > > > > > > > > > > > > > > Tuesday, January 19, 2010
> > > > > > > > > > > > > > > > > >
> > > > > > > > > > > > > > > > > > 10:31 am EST
> > > > > > > > > > > > > > > > > >
> > > > > > > > > > > > > > > > > > Bought 100 shares of STEC (STEC, Inc.) at
> > $19.32
> > > > > > (ask).
> > > > > > > > > > > > > > > > > >
> > > > > > > > > > > > > > > > > > Sold (1) STEC Feb 19 (SQRBT) call option
> > contract
> > > > > > at
> > > > > > > > $1.45 (bid).
> > > > > > > > > > > > > > > > > >
> > > > > > > > > > > > > > > > > > Stop Loss: $17.87
> > > > > > > > > > > > > > > > > >
> > > > > > > > > > > > > > > > > > G
> > > > > > > > > > > > > > > > > >
> > > > > > > > > > > > > > > > > > --- In ConservativeOptionS trategies@yahoogrou
> > > > > > > > com, Gilbert
> > > > > > > > > > > > > > > Arevalo <gilbert_arevalo@ > wrote:
> > > > > > > > > > > > > > > > > > >
> > > > > > > > > > > > > > > > > > > Model Portfolio (15-Jan-2009) update:
> > > > > > > > > > > > > > > > > > >
> > > > > > > > > > > > > > > > > > >
> > > > > > > > > > > > > > > > > > >
> > > > > > > > > > > > > > > > > > > G
> > > > > > > > > > > > > > > > > > >
> > > > > > > > > > > > > > > > > > >
> > > > > > > > > > > > > > > > > > >
> > > > > > > > > > > > > > > > > > >
> > > > > > > > > > > > > > > > > > > ____________ _________ _________ __
> > > > > > > > > > > > > > > > > > > From: Gilbert <gilbert_arevalo@ >
> > > > > > > > > > > > > > > > > > > To: ConservativeOptionS trategies@yahoogrou
> > > > > > com
> > > > > > > > > > > > > > > > > > > Sent: Tue, January 12, 2010 6:40:39 PM
> > > > > > > > > > > > > > > > > > > Subject: [ConservativeOption Strategies]
> > Re: My
> > > > > > 2010
> > > > > > > > CC Trades
> > > > > > > > > > > > > > > > > > >
> > > > > > > > > > > > > > > > > > >
> > > > > > > > > > > > > > > > > > > Here is an example today of an "unwind":
> > > > > > > > > > > > > > > > > > >
> > > > > > > > > > > > > > > > > > > Tuesday, January 12, 2010
> > > > > > > > > > > > > > > > > > >
> > > > > > > > > > > > > > > > > > > 1:20 pm EST
> > > > > > > > > > > > > > > > > > >
> > > > > > > > > > > > > > > > > > > Bought (1) ASIA Jan 30 (EUJAF) call
> > option
> > > > > > contract
> > > > > > > > at $0.25
> > > > > > > > > > > > > > > (ask).
> > > > > > > > > > > > > > > > > > >
> > > > > > > > > > > > > > > > > > > Sold 100 shares of ASIA (AsiaInfo
> > Holdings, Inc.)
> > > > > > at
> > > > > > > > $28.60
> > > > > > > > > > > > > > > (bid).
> > > > > > > > > > > > > > > > > > >
> > > > > > > > > > > > > > > > > > > - Model Portfolio update:
> > > > > > > > > > > > > > > > > > >
> > > > > > > > > > > > > > > > > > >
> > > > > > > > > > > > > > > > > > >
> > > > > > > > > > > > > > > > > > >
> > > > > > > > > > > > > > > > > > > G
> > > > > > > > > > > > > > > > > > >
> > > > > > > > > > > > > > > > > > > --- In ConservativeOptionS
> > trategies@yahoogrou ps.
> > > > > > > > com, Gilbert
> > > > > > > > > > > > > > > Arevalo <gilbert_arevalo@ ...> wrote:
> > > > > > > > > > > > > > > > > > > >
> > > > > > > > > > > > > > > > > > > > With the start of 2010, my $20,000
> > Model
> > > > > > Portfolio
> > > > > > > > update is
> > > > > > > > > > > > > > > as follows:
> > > > > > > > > > > > > > > > > > > >
> > > > > > > > > > > > > > > > > > > > http://img710. imageshack. us/img710/
> > > > > > > > 6339/prompis. jpg
> > > > > > > > > > > > > > > > > > > >
> > > > > > > > > > > > > > > > > > > > (test)
> > > > > > > > > > > > > > > > > > > >
> > > > > > > > > > > > > > > > > > > >
> > > > > > > > > > > > > > > > > > > > http://yfrog. com/jqprompisj
> > > > > > > > > > > > > > > > > > > >
> > > > > > > > > > > > > > > > > > > > Spreadsheet of trades and graph updates
> > will
> > > > > > > > follow.
> > > > > > > > > > > > > > > > > > > >
> > > > > > > > > > > > > > > > > > > > G
> > > > > > > > > > > > > > > > > > > >
> > > > > > > > > > > > > > > > > > > >
> > > > > > > > > > > > > > > > > > > > ____________ _________ _________ __
> > > > > > > > > > > > > > > > > > > > From: Gilbert Arevalo gilbert_arevalo@
> > > > > > > > > > > > > > > > > > > > To: ConservativeOptionS
> > trategies@yahoogrou ps.
> > > > > > > > com
> > > > > > > > > > > > > > > > > > > > Sent: Mon, January 11, 2010 11:40:33 AM
> > > > > > > > > > > > > > > > > > > > Subject: Re: [ConservativeOption
> > Strategies]
> > > > > > Re: My
> > > > > > > > 2010 CC
> > > > > > > > > > > > > > > Trades
> > > > > > > > > > > > > > > > > > > >
> > > > > > > > > > > > > > > > > > > >
> > > > > > > > > > > > > > > > > > > > Monday, January 11, 2010
> > > > > > > > > > > > > > > > > > > >
> > > > > > > > > > > > > > > > > > > > 2:11 pm EST
> > > > > > > > > > > > > > > > > > > >
> > > > > > > > > > > > > > > > > > > > Bought 100 shares of ASIA (AsiaInfo
> > Holdings,
> > > > > > Inc.)
> > > > > > > > at $29.05
> > > > > > > > > > > > > > > (ask).
> > > > > > > > > > > > > > > > > > > >
> > > > > > > > > > > > > > > > > > > > Sold (1) ASIA Jan 30 (EUJAF) call
> > option
> > > > > > contract
> > > > > > > > at $0.45
> > > > > > > > > > > > > > > (bid).
> > > > > > > > > > > > > > > > > > > >
> > > > > > > > > > > > > > > > > > > > Stop Loss: $28.45
> > > > > > > > > > > > > > > > > > > >
> > > > > > > > > > > > > > > > > > > > G
> > > > > > > > > > > > > > > > > > > >
> > > > > > > > > > > > > > > > > > > >
> > > > > > > > > > > > > > > > > > > >
> > > > > > > > > > > > > > > > > > > >
> > > > > > > > > > > > > > > > > > > > ____________ _________ _________ __
> > > > > > > > > > > > > > > > > > > > From: Gilbert <gilbert_arevalo@
> > > > > > com>
> > > > > > > > > > > > > > > > > > > > To: ConservativeOptionS
> > trategies@yahoogrou ps.
> > > > > > > > com
> > > > > > > > > > > > > > > > > > > > Sent: Thu, January 7, 2010 12:38:28 PM
> > > > > > > > > > > > > > > > > > > > Subject: [ConservativeOption
> > Strategies] Re: My
> > > > > > > > 2010 CC Trades
> > > > > > > > > > > > > > > > > > > >
> > > > > > > > > > > > > > > > > > > >
> > > > > > > > > > > > > > > > > > > > Thursday, January 7, 2010
> > > > > > > > > > > > > > > > > > > >
> > > > > > > > > > > > > > > > > > > > 3:27 pm EST
> > > > > > > > > > > > > > > > > > > >
> > > > > > > > > > > > > > > > > > > > Bought 100 shares of VIT (VanceInfo
> > > > > > Technologies,
> > > > > > > > Inc.) at
> > > > > > > > > > > > > > > $20.21 (ask).
> > > > > > > > > > > > > > > > > > > >
> > > > > > > > > > > > > > > > > > > > Sold (1) VIT Jan 20 (VITAD) call option
> > > > > > contract at
> > > > > > > > $0.75
> > > > > > > > > > > > > > > (bid).
> > > > > > > > > > > > > > > > > > > >
> > > > > > > > > > > > > > > > > > > > G
> > > > > > > > > > > > > > > > > > > >
> > > > > > > > > > > > > > > > > > > > --- In ConservativeOptionS
> > trategies@yahoogrou ps.
> > > > > > > > com,
> > > > > > > > > > > > > > > "Gilbert" <gilbert_arevalo@ ...> wrote:
> > > > > > > > > > > > > > > > > > > > >
> > > > > > > > > > > > > > > > > > > > > Wednesday, January 6, 2010
> > > > > > > > > > > > > > > > > > > > >
> > > > > > > > > > > > > > > > > > > > > 9:45 am EST
> > > > > > > > > > > > > > > > > > > > >
> > > > > > > > > > > > > > > > > > > > > Bought 200 shares of NANO
> > (Nanometrics, Inc.)
> > > > > > at
> > > > > > > > $11.38
> > > > > > > > > > > > > > > (ask).
> > > > > > > > > > > > > > > > > > > > >
> > > > > > > > > > > > > > > > > > > > > Sold (1) NANO Jan 12.5 (NTQAV) call
> > option
> > > > > > > > contract at $0.15
> > > > > > > > > > > > > > > (bid).
> > > > > > > > > > > > > > > > > > > > >
> > > > > > > > > > > > > > > > > > > > > Stop Loss: $11.23
> > > > > > > > > > > > > > > > > > > > >
> > > > > > > > > > > > > > > > > > > > > Sold (1) NANO Feb 12.5 (NTQBV) call
> > option
> > > > > > > > contract at $0.75
> > > > > > > > > > > > > > > (bid).
> > > > > > > > > > > > > > > > > > > > >
> > > > > > > > > > > > > > > > > > > > > Stop Loss: $10.63
> > > > > > > > > > > > > > > > > > > > >
> > > > > > > > > > > > > > > > > > > > > G
> > > > > > > > > > > > > > > > > > > > >
> > > > > > > > > > > > > > > > > > > >
> > > > > > > > > > > > > > > > > > >
> > > > > > > > > > > > > > > > > >
> > > > > > > > > > > > > > > > >
> > > > > > > > > > > > > > > >
> > > > > > > > > > > > > > >
> > > > > > > > > > > > > >
> > > > > > > > > > > > >
> > > > > > > > > > > >
> > > > > > > > > > >
> > > > > > > > > >
> > > > > > > > >
> > > > > > > >
> > > > > > > >
> > > > > > > >
> > > > > > >
> > > > > >
> > > > > >
> > > > > >
> > > > >
> > > >
> > >
> >
> >
> >
>
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