Thursday, April 9, 2009

Update Transaction - Mack-Cali Realty (CLI)

One of the positions in Mack-Cali was continued after buying back a July call in March. The new profit/loss projections are below:

Various -- Bought CLI CLI @ 22.90
2/23/2009 -- Sold To Open 1 CLI July $25 Call @ .4592
3/6/2009 -- Bought to Close 1 CLI July $25 Call @ .1408
4/1/2009 -- Dividend @ .45
4/9/2009 -- Sold to Open 1 CLI July $25 Call @ 2.1426


The important purchase metrics are below for insight into possible profit and loss (these all include commissions):
Stock Purchase Cost: $2290.00


Downside Coverage: 10.9%
Possible Max Upside: 20.3%

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