Stock Option Advisory

Say ‘Zdravstvuite’ to Russian Covered Calls Profits – Return of +7.5% in April 2007

Not sure how to pronounce ‘Zdravstvuite’, but it’s hello in Russian. In article, “From Russia with Profits – Covered Calls”, we contemplated investing in covered calls for companies located in the country of Russia. Every Russian covered calls position selected was fully profitable, returning an average return of +7.5%.

Former Russian President Boris Yeltsin died on Monday of this week. Boris Yeltsin will probably be most remembered for standing on a tank outside the Russian parliament building resisting a coup attempt.

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Even though Russia’s democratization efforts are going a little bumpy, Russia has at least one thing in its favor, large oil reserves. In addition to large oil reserves, Russia is also the 2nd largest oil producer in the world after Saudi Arabia.

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The following covered calls stock options positions were found for Russian companies.

PowerOptions covered call search
GLDN 61.32 (+2.10) QDVFM 07 JUN 65.0 (51) 2.35 3.8 4.0 10.2
MBT 56.45 (-0.71) MBTFL 07 JUN 60.0 (51) 1.55 2.7 2.8 9.3
VIP 96.40 (+0.05) VIQFT 07 JUN 100.0 (51) 2.75 2.9 2.9 6.8
(For more details click the ticker symbol above)

New to the list of covered calls positions this month is the GLDN position.

All of the covered call positions are out-of-the-money with maximum potential returns ranging from 6.8% to 10.2% (in only 51 days). The maximum potential returns require the price of the underlying stock to increase to or above the strike price of the call option.

The GLDN position has the largest downside protection at 3.8%. As long as the GLDN stock does not decline more than 3.8% at option expiration, the GLDN position will be profitable.

Competitors for MBT include: Vimpel-Communications (VIP), and Tele2 AB (private).
Competitors for VIP include: Golden Telecom Inc. (GLDN), Mobile Telesystems OJSC (MBT), and Rostelecom OAO (ROS).
Competitors for GLDN include: Moscow City Telephone Network (private), Orange Business Services (private), Sistema JSFC (private), and Vimpel Communications (VIP).
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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PowerOptions‘ sister company PowerOptionsApplied provides expert stock option trading recommendations. PowerOptionsApplied specializes in covered calls, naked puts and iron condor stock options strategy recommendations. PowerOptionsApplied provides a 30-day risk free trial of its service.

[tags] Russia, Boris Yeltsin, Tele2 AB, Moscow City Telephone Network, Orange Business Services, Sistema JSFC, GLDN, Golden Telecom Inc., MBT, Mobile Telesys. OJSC ADR, VIP, Vimpel Communications, covered call investment strategy, investment strategy, iron condor, poweroptions, stock option trading, stock options [/tags]

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