Wednesday, November 4, 2009

Dividend Payment - Intel (INTC)

This is simply an update to the Intel position which notes the passing of the ex-dividend date. The new profit/loss info is below:

10/21/2009 -- Bought 100 INTC @ 19.795
10/21/2009 -- Sold To Open 1 INTC December $19 Call @ 1.14
11/4/2009 -- Dividend @ 0.14

The important purchase metrics are below for insight into possible profit and loss (these all include commissions):
Cost Basis: $1865.50

Potential Annualized Gain If Called At Expiration (12/19/2009): 14.43%

Downside Protection: 6.5%

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