Stock Option Investment Advice

March Madness Investing – Ohio State Is Ahead – Covered Calls

In article, “March Madness Investing – Covered Calls”, we selected some covered calls positions based on the geographic region of the final four basketball teams, UCLA, Ohio State, University of Florida, and Georgetown. The winner of the NCAA basketball tournament was resolved last night with the Florida Gators handily defeating the Ohio State Buckeyes 84 to 75.

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But in our covered calls final four investment tournament, the positions selected for the Ohio State Buckeyes are significantly ahead of the other contestants at this point. The Buckeye covered calls positions are currently returning a positive 2% versus losses of -1.9% for Georgetown, -0.6% for UCLA and -1.1% for Florida. Maybe this makes sense as the Ohio State Buckeyes had a pretty good lead over the Georgetown Hoyas for most of the semi-final game between those two teams, and UCLA did briefly jump out to an early lead over Florida in their semi-final game.

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PowerOptions stock options tools provide customers the capability to monitor and track real positions or “paper traded” positions, as in the case of our March Madness covered calls contest.

The current results for the final four covered calls contest as tracked by the PowerOptions Portfolio Tool are shown below.

PowerOptions Portfolio Tool – Ohio State
Symbol Description Cost Basis Current Price Gain/Loss $ Gain/Loss %
DSW 200 DSW Inc. 8530.00 8578.00 $48.00 0.60%
DSWDI 2 APR 45.00 DSW CALL 70.00 200.00 $130.00 65.00%
Total Gain/Loss for DSW . . . $178.00 2.10%
Symbol Description Cost Basis Current Price Gain/Loss $ Gain/Loss %
RVI 500 Retail Ventures Inc. 10600.00 10860.00 $260.00 2.50%
RVIDD 5 APR 20.00 RVI CALL 1050.00 800.00 ($250.00) -31.30%
Total Gain/Loss for RVI . . . $10.00 0.10%
Symbol Description Cost Basis Current Price Gain/Loss $ Gain/Loss %
WOR 500 Worthington Ind. Inc. 9790.00 10810.00 1020.00 10.40%
WORDD 5 APR 20.00 WOR CALL 950.00 350.00 ($600.00) -171.40%
Total Gain/Loss for WOR . . . $420.00 3.90%
. . . . . .
Average Gain/Loss . . . . 2.00%
PowerOptions Portfolio Tool – Georgetown
Symbol Description Cost Basis Current Price Gain/Loss $ Gain/Loss %
BBBB 300 Blackboard Inc. 10422.00 9972.00 ($450.00) -4.30%
BPUDG 3 APR 35.00 BBBB CALL 135.00 300.00 $165.00 55.00%
Total Gain/Loss for BBBB . . . ($285.00) -2.70%
Symbol Description Cost Basis Current Price Gain/Loss $ Gain/Loss %
CCOI 400 Cogent Comm. Group Inc. 9592.00 9748.00 $156.00 1.60%
COIDE 4 APR 25.00 CCOI CALL 280.00 260.00 ($20.00) -7.70%
Total Gain/Loss for CCOI . . . $136.00 1.40%
Symbol Description Cost Basis Current Price Gain/Loss $ Gain/Loss %
INPC 900 InPhonic Inc. 9621.00 8901.00 ($720.00) -7.50%
QIODB 9 APR 10.00 INPC CALL 540.00 810.00 $270.00 33.30%
Total Gain/Loss for INPC . . . ($450.00) -4.40%
. . . . . .
Average Gain/Loss . . . . -1.90%
PowerOptions Portfolio Tool – Florida
Symbol Description Cost Basis Current Price Gain/Loss $ Gain/Loss %
CSX 200 CSX Corp. 8020.00 8188.00 $168.00 2.10%
CSXDH 2 APR 40.00 CSX CALL 410.00 310.00 ($100.00) -32.30%
Total Gain/Loss for CSX . . . $68.00 0.80%
Symbol Description Cost Basis Current Price Gain/Loss $ Gain/Loss %
JOE 200 St Joe Co. (The) (JOE) 11108.00 10644.00 ($464.00) -4.20%
JOEDK 2 APR 55.00 JOE CALL 140.00 370.00 $230.00 62.20%
Total Gain/Loss for JOE . . . ($234.00) -2.10%
Symbol Description Cost Basis Current Price Gain/Loss $ Gain/Loss %
PRKR 700 ParkerVision Inc. 9464.00 9317.00 ($147.00) -1.60%
QERDC 7 APR 15.00 PRKR CALL 315.00 280.00 ($35.00) -12.50%
Total Gain/Loss for PRKR . . . ($182.00) -1.90%
. . . . . .
Average Gain/Loss . . . . -1.10%
PowerOptions Portfolio Tool – UCLA
Symbol Description Cost Basis Current Price Gain/Loss $ Gain/Loss %
GES 200 Guess Inc. 8490.00 8384.00 ($106.00) -1.20%
GESDV 2 APR 42.50 GES CALL 220.00 270.00 $50.00 18.50%
Total Gain/Loss for GES . . . ($56.00) -0.60%
Symbol Description Cost Basis Current Price Gain/Loss $ Gain/Loss %
KBH 200 Kaufman & Broad Home Corp. 9182.00 8422.00 ($760.00) -8.30%
KBHDI 2 APR 45.00 KBH CALL 80.00 460.00 $380.00 82.60%
Total Gain/Loss for KBH . . . ($380.00) -4.10%
Symbol Description Cost Basis Current Price Gain/Loss $ Gain/Loss %
NAPS 2400 Napster Inc. 10152.00 10704.00 $552.00 5.40%
RXUDA 24 APR 5.00 NAPS CALL 480.00 240.00 ($240.00) -100.00%
Total Gain/Loss for NAPS . . . $312.00 2.90%
. . . . . .
Average Gain/Loss . . . . -0.60%
(For more details click the ticker symbol above)

We’re only one week into the March Madness covered calls contest, and it looks like we’re at the first television timeout of the semi-final games, so again in a few days we’ll check to see how the final four are faring.

For more information about how to identify and research great option trades, visit the PowerOptions website. There you will find the data you need to make quick, clear, and informed decisions. You can trade knowing you have found the best investment. Also, PowerOptions will allow you, with a few quick clicks, to quickly and accurately compare trades. PowerOptions‘ premium customer support is second to none in the industry. They can be easily contacted when you need them at their toll-free number to answer customer questions. Call them now toll free at 877-992-7971.

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[tags] covered call investment strategy, investment strategy, iron condor, poweroptions, stock option trading, stock options [/tags]

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