We wrote Nov 50 covered calls (PCLKJ) on our Plum Creek Timber (PCL) shares at $1.70 today. The options are set to expire in less than 6 months and if they get exercised we will realize an overall return of approximately 50%.
Below is our updated portfolio:
| Stock | Buy Date | Buy Price | Current Price | Current % Of Portfolio | Unrealized % Return | Yield as % of BOY Portfolio Value Plus Deposits |
| Altria (MO) | Various | 16.69 | 21.98 | 3.41 | 31.73 | 0.17 |
| Philip Morris International (PM) | 1/4/2005 | 32.19 | 51.67 | 5.82 | 60.50 | 0.19 |
| Kraft Foods (KFT) | Various | 24.03 | 32.05 | 3.31 | 33.35 | 0.11 |
| Plum Creek Timber (PCL) | 5/12/2005 | 35.5 | 45.87 | 7.11 | 29.20 | 0.28 |
| Pfizer (PFE) | Various | 24.37 | 19.01 | 4.91 | (21.99) | 0.30 |
| ICICI Bank (IBN) | 5/18/2006 | 27.57 | 34.96 | 5.42 | 26.79 | 0.06 |
| Taiwan Semi (TSM) | 7/27/2006 | 8.71 | 11.38 | 5.88 | 30.78 | 0.19 |
| Advantage Energy Fund (AAV) | 11/2/2006 | 11.22 | 12.74 | 4.28 | 13.50 | 0.49 |
| SunTech Power (STP) Call Value | 3/14/2007 | 36.73 | 40.41 | 4.18 | 10.03 | None |
| Central Europe & Russia Fund (CEE) | Various | 51.03 | 57.07 | 5.90 | 11.83 | 1.17 |
| Patni Computers (PTI) | 8/10/2007 | 20.85 | 12.75 | 3.29 | (38.90) | 0.04 |
| Itron Inc. (ITRI) | 11/07/2007 | 85.01 | 96.45 | 4.98 | 13.32 | None |
| Anthracite (AHR) | 11/09/2007 | 7.97 | 9.55 | 4.93 | 19.83 | 0.74 |
| ClickSoftware (CKSW) | 11/09/2007 | 4.61 | 2.93 | 1.51 | (36.44) | None |
| Harvest Energy (HTE) | 11/28/2007 | 21.01 | 24.70 | 5.10 | 17.54 | 0.79 |
| iRobot (IRBT) | 12/18/2007 | 18.65 | 13.71 | 2.83 | (25.86) | None |
| MCG Capital (MCGC) | Various | 10.86 | 5.52 | 2.28 | (49.18) | 0.39 |
| LDK Solar (LDK) | 01/22/2008 | 30.49 | 44.44 | 6.89 | 45.74 | None |
| Aegon N.V. (AEG) | 04/28/2008 | 15.99 | 15.05 | 4.66 | (5.86) | 0.28 |
| LM Ericsson (ERIC) (AEG) | 05/05/2008 | 23.65 | 27.06 | 5.59 | 14.40 | 0.19 |
| TD Ameritrade (AMTD) | 05/21/2008 | 17.68 | 18.19 | 3.76 | 2.86 | None |
| Cash | 4.44 | |||||
| Total Portfolio | 7.08 | 5.38 |
- For SunTech Power (STP), we wrote covered calls for 2008 June 45 on 4/1/2008 at $4.30.
- For Taiwan Semi (TSM), we wrote covered calls for 2008 October 12.5 on 4/21/2008 at $0.45.
- For Altria and Philip Morris International, assumed spin-off ratio of 30.83:69.17. Altria is yet to supply the cost-basis info
- For Plum Creek Timber (PCL), we wrote covered calls for 2008 November 50 on 06/03/2008 at $1.70.
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