Tuesday, January 19, 2010

Update Transaction - Marathon Oil (MRO)

The position was continued in Marathon Oil, the company also pays a dividend in February. The profit/loss info is below:

11/30/2009 -- Bought 100 MRO @ 32.64
11/30/2009 -- Sold To Open 1 MRO December $33 Call @ 0.71
12/18/2009 -- Call Expired
12/21/2009 -- Sold To Open 1 MRO January $33 Call @ 0.15
1/15/2010 -- Call Expired
1/19/2010 -- Sold To Open 1 MRO February $33 Call @ 0.40


The important purchase metrics are below for insight into possible profit and loss (these all include commissions):
Stock Purchase Cost: $3193.00
Commissions (Included In Cost): $15
Current Cost Average: $31.38

Possible Max Upside: 4.92%

Annualized Max Upside: 21.89%

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