http://chabib1957.mamertencov.click2sell.eu
Returns if flat and if called out
Returns at the current prices of the stock and option
Shows a roll-over option for rolling up, down, or out
Downside protection percentage and % ITM and OTM
The stock is below the breakeven
The stock is below the support
Stock > strike for OTM
Stock < strike for ITM
Overall cost basis, current cost, and gain for that covered call position. Gives you an amount to set an automatic LIMIT CREDIT order to lock in a specified profit percentage if your position moves favorably. Calculates the percentage each position encompasses in your overall trading account
Calculates break even point
Enter support and your STOP limit
Calculates amount drops from support to the STOP and the amount lost if you are STOPPED out (approximation)
Calculates total percentage lost in your trading account if you are STOPPED out. Very useful for position sizing (approximation)
Multiple fundamental analysis figures
Shows how much initial, final, and change percentage in the time value of the
option you sold (very useful)
Has a box to enter the industry so you can make sure your covered call strategy
is well diversified .
Even includes data on three major indices
Has the option to show all calculations taking into account trading costs. All
you have to do is enter in once how your brokerage's fee structure works and the
rest is automatic.
This requires internet connection (obviously), Office 2003, and MSN Money Stock Quotes Add-in (free).
If unable to install add-in (a firewall), the program updates via a web query.
This is not some magical product where you will start making 400% a year like many of these ridiculous websites claim. A well performed covered call strategy will get 3-5% PER MONTH. (Which is still WAY more that the standard 8-12% PER YEAR in the stock market)
This provides RAW returns. It does not take into account margin.