Thursday, October 14, 2010

MMM -- Adjustment

The MMM position was rolled up and out:

Description Date Stock Price OptPrice Quantity aROI aB&H
Buy 10 MMM 10/16 2010 $85 Call @ $3.90 2010-10-14 $88.90 $3.90 10 41.5% 38.9%
Sell 10 MMM 11/20 2010 $90 Call @ $1.85 2010-10-14 $88.90 $1.85 10 35.9% 27.5%