Initial Transaction - Linear Technology Corporation (LLTC)

This is a new position in Linear Technology Corporation. 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 10, 2010. The new profit/loss info is below:

2/1/2010 -- Bought 100 LLTC @ 26.88
2/1/2010 -- Sold To Open 1 LLTC February $27 Call @ 0.51


The important purchase metrics are below for insight into possible profit and loss (these all include commissions):
Stock Purchase Cost: $2637.00
Commissions (Included In Cost): $2


Downside Coverage (from current price of $26.88): 1.90%

Potential Annualized Gain If Called At Ex-Dividend Date (2/10/2010): 116.78%

Potential Annualized Gain If Called At Expiration (2/20/2010): 71.68%