Analyzing Jim Cramer Picks – Covered Calls – Sept. 2006

Using PowerOptions new SmartHistoryXL Back Testing tool, we analyzed Jim Cramer’s bullish high dividend yield stock market tips for June 21, 2006 to July 21, 2006.

A covered call strategies screen was performed to determine the results of entering covered call options positions on July 24, 2006 for Jim Cramer’s high dividend yield stock recommendations with all stock options expiring on August 18, 2006 (August stock options expiration day). The results of this analysis are shown below:

# Successful positions: 16 out of 18 (89%)

Avg. % Return: 3.2%

Analysis
Simply taking long stock trading positions in Jim Cramer’s high dividend yield stock tips would have returned 2.2% from July 24, 2006 to August 18, 2006. The return using covered call strategies for the same stock symbols would have returned 3.2% with an 89% success rate.

Covered Call Strategies Picks for September 2006

Using the same covered call strategies screen parameters for Jim Cramer’s high yield stock dividend stock tips from July 18, 2006 to August 18, 2006 with stock options expiring on September 15, 2006 yields the following positions:

In September, we’ll analyze the results of using the covered call strategies for Jim Cramer’s high dividend yield bullish stock market tips.

PowerOptions provides Internet based tools for analyzing stock options with specific search criteria and for finding potentially lucrative option income. For those seeking to execute a covered call investment strategy for their personal portfolios, PowerOptions provides an Internet based search engine for finding potentially lucrative income producing covered call options positions.

[tags]stock options, stock tips, stock trading, stock market tips, covered call options, covered call strategies, covered call investment[/tags]