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Final Notes On SBUX Position

|Includes:Starbucks Corporation (SBUX)

SBUX Goal:

176(shares portpro) + 24(shares portpho) +9(shares portody)+7(shares portsa)+6(shares portiv) +.4434*.44*4 (short $47 puts expiring in Jan 2013) = 300 delta points on shares.

My total exposure is 212 shares as 200 in margin account and 12 in retirement account, along with short two contracts $47 puts expiring in Jan 2013. My (portpro )allocation is 166 shares and short two $47 puts expiring Jan 2013 for delta of 166+.4434*200 = 255 delta. The remaining shares i have are 24(shares portpho) +9(shares portody)+7(shares portsa)+6(shares portiv).

Disclosure: I am long SBUX.

Stocks: SBUX