From fitzkartz: Here are today's Covered Cal
Post# of 5789
What's a Covered Call?
The covered call is a strategy where an investor writes a call option contract (sells an option) while at the same time owning an equivalent number of shares of the underlying stock.If this stock is purchased simultaneously with writing the call contract, the strategy is commonly referred to as a buy-write.
While you may have heard that trading options is risky business, covered calls are actually a very conservative strategy, and most brokerages even allow retirement IRA accounts to write covered calls.
Ticker | Company | Price | Strike | Bid | Return | Expiration Date |
CLSN | Celsion Corp | 7.82 | 8 | 1.6 | 20.50% | January 2013 |
ALXA | Alexza Pharmaceuticals Inc | 5.49 | 5.5 | 1 | 18.20% | January 2013 |
KERX | Keryx Biopharmaceuticals Inc | 2.77 | 3 | 0.5 | 16.20% | January 2013 |
OCZ | OCZ Technology Group Inc | 1.9 | 2 | 0.3 | 13.20% | January 2013 |
PPHM | Peregrine Pharmaceuticals Inc | 1.23 | 1.5 | 0.2 | 12.20% | January 2013 |
Celsion Corp (CLSN) is currently trading at $7.82. Its 52 week range is between $1.63 and $8.86.
Alexza Pharmaceuticals Inc (ALXA) is currently trading at $5.49. Its 52 week range is between $2.55 and $9.9.
Keryx Biopharmaceuticals Inc (KERX) is currently trading at $2.77. Its 52 week range is between $1.28 and $5.19.
OCZ Technology Group Inc (OCZ) is currently trading at $1.9. Its 52 week range is between $1.11 and $10.05.
Peregrine Pharmaceuticals Inc (PPHM) is currently trading at $1.23. Its 52 week range is between $0.39 and $5.5.