Sunday, May 17, 2009

PZZA -- Call Exercised

The PZZA position was closed when the call was exercised this weekend:

Price Date Description Total aXIRR aROI
$25.23 2009-04-21 Buy 1000 PZZA @ $25.23 -$25,229.40 -- --
$25.23 2009-04-21 Sell 10 PZZA May 2009 $25 @ $1.67 $1,650.05 -- --
$25.00 2009-05-18 Sell at end of period $24,975.00 117.6% 74.8%

Days Held: 27
Stock Loss: $245.40 (-1.0%)
Income Gain: $1650.05 (6.5%)
Total Gain: $1395.65 (5.5%)

B&H Gain would have been $1880.60 (7.5%)
 

2 comments:

  1. "B&H Gain would have been $1880.60 (7.5%)"

    Randy,

    Can you explain this?

    Steve

    ReplyDelete
  2. That would have been the profit if I had bought and sold over the same period without selling a call.

    So, in this case, selling the call actually cost me some profit. But I'm not complaining -- that was the plan.

    ReplyDelete