USO -- Roll Position Up and Out

The USO position was rolled up and out:

Date	Description	Total	aXIRR	aROI
2008-12-26	Buy 1000 USO @ $27.90	-$27,900.00
2008-12-26	Sell 10 USO Jan09 $28 Calls @ $2.40	$2,380.05
2008-12-31	Buyback 10 USO Jan 2009 $28 @ $5.50	-$5,480.05
2008-12-31	Sell 10 USO Feb 2009 $30 @ $5.70	$5,680.05
2009-02-21	Sell at end of period	$32,900.00	434.3%	174.0%

I was able to roll it up $2 for a $0.20 gain, which increase both aXIRR and aROI over the original position. Seemed like a good move. However, the stock price has moved up $5 to $32.90, so the position is still ITM quite a ways.
 

SPY -- Roll Position Up and Out

The SPY position was rolled up and out:

Date	Description	Total	aXIRR	aROI
2008-12-26	Buy 1000 SPY @ $86.81	-$86,810.00
2008-12-26	Sell 10 SPY 12/31 $87 Call @ $1.62	$1,600.05
2008-12-31	Buyback 10 12/31 $87 Call @ $3.10	-$3,080.05
2008-12-31	Sell 10 SPY Jan 2009 $90 @ $2.70	$2,680.05
2009-01-17	Sell at end of period	$89,970.00	128.2%	83.3%

I rolled up and out both because of the increase in price to $89.97 and to avoid having the call exercised at the end of the trading day.
 

USO -- New Position

A new position was established in USO:

Date	Description	Total	aXIRR	aROI
2008-12-26	Buy 1000 USO @ $27.90	-$27,900.00
2008-12-26	Sell 10 USO Jan09 $28 Calls @ $2.40	$2,380.05
2009-01-17	Sell at end of period	$27,900.00	339.0%	141.5%

 

IWM -- New Position

A new position was established in IWM:

Date	Description	Total	aXIRR	aROI
2008-12-26	Buy 2000 IWM @ $47.08	-$94,160.00
2008-12-26	Sell 20 IWM Jan $47 Call @ $2.18	$4,330.05
2009-01-17	Sell at end of period	$94,000.00	112.3%	73.5%

SPY -- New Position

A new position was established in SPY:

Date	Description	Total	aXIRR	aROI
2008-12-26	Buy 1000 SPY @ $86.81	-$86,810.00
2008-12-26	Sell 10 SPY 12/31 $87 Call @ $1.62	$1,600.05
2008-12-31	Sell at end of period	$86,810.00	288.9%	114.5%

Note: I accidentally sold the call from the quarter-end expiration date instead of the January expiration date. Yahoo doesn't quote the quarter-end expiration dates properly, so I didn't see them there, but they did exist on the Wells Fargo order page and I ordered from the first set of options displayed.

PFE -- New Position

A new position was established in PFE:

Date	Description	Total	aXIRR	aROI
2008-12-22	Buy 2000 PFE @ $17.31	-$34,620.00
2008-12-26	Sell 20 PFE Jan09 $17.50 Calls @ $0.38	$730.05
2009-01-17	Sell at end of period	$34,620.00	34.7%	74.6%

ED -- New Position

A new position was established in ED:

Date	Description	Total	aXIRR	aROI
2008-12-26	Buy 1000 ED @ $38.3	-$38,300.00
2008-12-26	Sell 10 ED Feb 2009 40.00 @ $0.80	$780.05
2009-02-21	Sell at end of period	$38,300.00	14.1%	42.1%

MMM -- New position

A new position was established in MMM:

Date	Description	Total	aXIRR	aROI
2008-12-26	Buy 1000 MMM @ $55.76	-$55,760.00
2008-12-26	Sell 10 MMM Jan09 $55 Calls @ $2.40	$2,380.05
2009-01-17	Sell at end of period	$55,000.00	64.2%	48.2%

 

EFA -- New Position

A new position was established in EFA:

Date	Description	Total	aXIRR	aROI
2008-12-22	Buy 700 EFA @ $43.01	-$30,107.00
2008-12-22	Sell 7 EFA Jan09 $43 Calls @ $1.55	$1,068.05
2009-01-17	Sell at end of period	$30,100.00	65.5%	49.5%