So far, not a whole
lot of trades this month in Rescue My IRA.
I rolled out and up my IP position and posted on that, so this post is
about rolling out TRV.
The market has
recovered nicely this week after some of the uncertainty about Syria has been
resolved. I think that is temporary, but
hopefully it will work out for the longer term soon enough.
Here’s the analysis of
my TRV position.
TRV
This is a 100 share
position with a basis of $82.11 per share – the lot of 100 shares cost me
$8,210.99. I established the position in
August, selling a Sep $82.50 call, and this trade rolled that out to October.
Total option
premiums: $205.23
Total dividend payments: $50.00
Total stock gain at $82.50: $21.90
Total, absolute gain
on the position: $277.13
Total, absolute return
percentage ($277.13/$8,210.99): 3.38%
Annualized total
return percentage (held approx 65 days):
18.95%
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