Friday, August 20, 2010

SPY -- Adjustment

The SPY position was rolled down and out:

Description Date Stock Price OptPrice Quantity aROI
Buy 10 SPY 8/21 2010 $109 Call @ $0.05 2010-08-20 $107.14 $0.05 10 5.0%
Sell 10 SPY 8/27 2010 $108 Call @ $0.87 2010-08-20 $107.14 $0.87 10 11.7%
 

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