This is an update to the position in Lockheed-Martin (LMT) which passed an ex-dividend date. The new profit/loss info is below:
8/25/2009 -- Bought 100 LMT @ 74.30
8/25/2009 -- Sold To Open 1 LMT September $75 Call @ 1.30
8/28/2009 -- Dividend @ 0.57
The important purchase metrics are below for insight into possible profit and loss (these all include commissions):
Cost Basis: 7300.00
Potential Gain If Called At Expiration: 3.52%
PotentialAnnualized Gain If Called At Expiration: 51.40%
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