Monday, December 21, 2009

Update Transaction - Jack In The Box (JACK)

A January call was sold on this position. The new profit/loss info is below:

9/29/2009 -- Sold To Open 1 JACK November $20 Put @ 0.95
11/20/2009 -- Bought 100 JACK @ 20.05
11/23/2009 -- Sold To Open 1 JACK December $20 Call @ 0.25
12/18/2009 -- Call Expired
12/21/2009 -- Sold To Open 1 JACK January $20 Call @ 0.40

The important purchase metrics are below for insight into possible profit and loss (these all include commissions):
Stock Purchase Cost: $19.10

Possible Max Upside: 7.85%

Annualized Max Upside: 26.30%

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