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New trade – TASER International Inc (TASR) covered call

Another trade – covered call I decided to add to my portfolio. TASER International, Inc. develops, manufactures, and sells electronic control devices (ECD) for use in the law enforcement, military, corrections, private security, and personal defense markets. Analysts are bullish on this stock with the target from $10 – $11 per share. The stock is slowly marching toward that mark. With all the gun-talks and anti-gun talks this company benefits from the overall mess.

01/10/2013 10:33:51 Bought 100 TASR @ 9.37
01/10/2013 10:33:51 Sold 1 TASR Mar 16 2013 10.0 Call @ 0.5

Total trade: $887.00
Commissions: $8.78
Total NET trade: $895.78

Option assignment: $1000.00
Option assignment fee: $19.00
Expected proceeds: $981.00

Expected NET gain: $85.22
Expected ROI: 9.51%





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