Update Transaction - AT&T (T)

Unfortunately, AT&T continues to lag the overall market. As such I have decided that I would like to exit the position if it all possible, but not leave any money on the table either. In order to maximize profits, I bought back my October call, and sold a June $25 call simply for the purpose of exiting the position. If AT&T is under $25 at June expiration, then I have managed to further lower my basis, and if it is above, then I can establish a new position in something else. Changing to a very close strike should however greatly increase the probability of the call being exercised. The other 100 shares in AT&T will remain uncovered. The new metrics for the 100 shares which are now covered is below:

Transaction History:
2/21/2009 -- Additional Stock Purchased -- Bought T @ 23
2/27/2009 -- Sold To Open 1 T April $20 Call @ 3.95
3/10/2009 -- Bought To Close 1 T April $20 Call @ 2.93
3/10/2009 -- Sold to Open 1 T April $25 Call @ .34
3/13/2009 -- Bought To Close 1 T April $25 Call @ .84
3/13/2009 -- Sold To Open 1 T April $26 Call @ .39
4/7/2009 -- AT&T Dividend @ .41
4/17/2009 -- Covered Call Expire
4/20/2009 -- Sold To Open 1 T May $27 @ .43
5/15/2009 -- Covered Call Expire
5/20/2009 -- Sold To Open 1 T Oct $27 @ .65

6/1/2009 -- Bought To Close 1 T Oct $27 @ 0.79

6/1/2009 -- Sold To Open 1 T June $25 @ 0.4

The important purchase metrics are below for insight into possible profit and loss (these all include commissions):
Stock Purchase Cost: $4,812.50


Downside Coverage (based on current share price): 9%
Possible Max Upside: 14.05%

Annualized Max Upside: 43.46%