This is simply an update to the position due to the passage of an ex-div date. The purchase info is below.
4/27/2009 -- Bought 100 OCR @ 26.465
4/27/2009 -- Sold To Open 1 OCR May $27.50 Call @ 1.25
5/15/2009 -- Call Option Expired
5/19/2009 -- Sold To Open 1 OCR June $27.5 Call @ 0.95
6/6/2009 -- Bought To Close 1 OCR June $27.5 Call @ 0.15
6/9/2009 -- Sold To Open 1 OCR June $25 Call @ 0.45
6/12/2009 -- Dividend Payment @ 0.0225
The important purchase metrics are below for insight into possible profit and loss (these all include commissions):
Stock Purchase Cost: $2646.50
If stock is called at expiration:
Downside Coverage (based on current share price): 5.25%
Possible Max Upside: 5.23%
Annualized Max Upside: 35.32%
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