I wrote:
Speaking of Nut, how I calculate it:
Cost to buy LEAPS 11,638
FEB Series 238 686
MAR Series 388 811
APR Series 961
----------- ---------
12,264 2,458
Simple Return 20%
Annualized 80%
Market Value LEAPS 9,400 (Current Bid)
----------- ----------
12,264 11,858
Actual Return -3%
Isn't the market wonderful, my underlying took an upswing today,
and closed just below 59, but midday took a long enough stab
at 60 for my order (entered this am) to get filled.
Cost to buy LEAPS 11,638
FEB Series 238 686
MAR Series 388 811
APR Series 961
May Series 823
----------- ---------
12,264 3,281
Simple Return 27%
Annualized 81%
Market Value LEAPS 10,550 (Current Bid)
----------- ----------
12,264 13,831
Actual Return +12%
Note that the underlying is about $1 less than it was when
it first caught my eye in January. It's down 2% over all,
I'm up 12.
Gotta love it. |
