Price | Date | Description | Total | aXIRR | aROI |
---|---|---|---|---|---|
$78.38 | 2009-11-17 | Buyback 10 MMM Nov 2009 $75 @ $3.30 | -$3,319.95 | 31.9% | 25.7% |
$80.23 | 2009-12-10 | Sell 10 MMM Jan 2010 $80 @ $2.40 | $2,380.05 | 32.5% | 27.6% |
I didn't roll it last month because the time value on the Dec $80's were too low. I had put in a limit order to sell it for $1.50, but it never triggered. So, theoretically, I missed on a month's worth of option income -- which was only about $0.90 per share at the time. I believe the primary reason is because the stock price was midway between two strike prices ($75 and $80), so neither one had a lot of time value to it.
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