Friday, February 3, 2012

V/MMM -- Open position

Although I've decided not to trade MMM because I think it's overbought, I decided to simulate trading on it in my OptionsXPress account to see what would have happened if I had continued to trade:

Stock Price Date Description Total xIRR
$87.67 2012-02-03 Buy 2000 shares MMM @ $87.67 -$175,340.00 --
$87.67 2012-02-03 Sell 20 MMM 2/10 2012 $87.50 Call @ $0.77 $1,510.05 41.9%

 

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