Initial Transaction - Intel (INTC)

This is a new position in Intel. It is part of my Short-Term Ex-Dividend Strategy (STEX). The stock pays a dividend in February, with an ex-dividend date of February 3, 2010. The new profit/loss info is below:

1/29/2010 -- Bought 100 INTC @ 19.527
1/29/2010 -- Sold To Open 1 INTC February $19 Call @ 0.73


The important purchase metrics are below for insight into possible profit and loss (these all include commissions):
Stock Purchase Cost: $1879.70
Commissions (Included In Cost): $2


Downside Coverage (from current price of $19.527): 3.74%

Potential Annualized Gain If Called At Ex-Dividend Date (2/3/2010): 26.48%

Potential Annualized Gain If Called At Expiration (2/20/2010): 21.72%