Continuing the trend of rolling positions over to October expirations, I did so on AT&T as it was going to be paying a dividend in October. The new profit/loss info is below:
Transaction History:
Various -- Bought 100 T @ 25.125
2/25/2009 -- Sold To Open 1 T March $24 Call @ 0.895
3/6/2009 -- Bought To Close 1 T March $24 Call @ 0.3874
4/7/2009 -- Dividend @ 0.41
4/16/2009 -- Sold To Open 1 T May $26 Call @ 0.8126
5/15/2009 -- Call Expired
7/8/2009 -- Dividend @ 0.41
7/23/2009 -- Sold To Open 1 T August $26 Call @ 0.4
8/21/2009 -- Call Expired OTM
8/24/2009 -- Sold To Open 1 T September $26 Call @ 0.53
9/17/2009 -- Bought To Close 1 T September $26 Call @ 0.34
9/17/2009 -- Sold To Open 1 T October $26 Call @ 0.64
The important purchase metrics are below for insight into possible profit and loss (these all include commissions):
Stock Purchase Cost: $2512.50
Current Cost Average: $21.75
Downside Coverage (based on current share price, 26.30): 17.3%
Possible Max Upside (if called at ex-div): 17.52%
Annualized Max Upside (if called at ex-div): 28.42%
Possible Max Upside (if called at expiration): 19.21%
Annualized Max Upside (if called a expiration): 29.97%
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