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starwitchdoctor
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Bopin' till i drop.
  • ATVI Covered Call Position. 5 comments
    Sep 5, 2012 1:01 PM | about stocks: ATVI

    Covered call position 100 long as acquired 20090508 36 shares at net cost of 12.24 and 20101013 64 shares at net cost of 11.45 for total of 100 shares at net 11.73. Selling covered calls at 12 since obtaining 100 shares. Lucrative, will roll in October Near expire. Portop is synthetic long, I am less bullish.

    Disclosure: I am long ATVI.

    Themes: portop Stocks: ATVI
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  • starwitchdoctor
    , contributor
    Comments (76) | Send Message
     
    Author’s reply » Net cost of these 100 shares is $459.18 after options trades.

     

    The initial trade in the portfolio was on 20081212, buying a 5/16/2009 $10.00 covered call for net 7.75 per share. Assigned in may for 9.91 per share for profit of 215.36, liquidated 20090518.
    5 Sep 2012, 04:13 PM Reply Like
  • starwitchdoctor
    , contributor
    Comments (76) | Send Message
     
    Author’s reply » next up was 36 shares purchased at 12.24 per share on 20090508, and 64 shares purchased at 11.45 per share. initial cost basis $1173, reduction of cost per ATVI 19FEB11 12.0 C
    at $0.60 per share and reduction of cost per ATVI 19FEB11 12.0 C of 0.40 per share and reduction of cost per ATVI 17DEC11 12.0 C of 0.53 per share and reduction of cost per ATVI 19MAY12 12.0 C of 0.56 per share and reduction of cost per ATVI 16JUN12 12.0 C of 0.53 per share and premium recieved per ATVI 16JUN12 12.0 C of 0.75 per share for net cost of 8.36 per share or $835.95, curently holding as "ATVI 16JUN12 12.0 C covered call position"
    5 Sep 2012, 04:32 PM Reply Like
  • starwitchdoctor
    , contributor
    Comments (76) | Send Message
     
    Author’s reply » next up omn 20090518 i sold 2 x 8/22/09 $10 PUT ATVI for net $99.54, this would expire worthless for gain of $99.54.
    5 Sep 2012, 04:35 PM Reply Like
  • starwitchdoctor
    , contributor
    Comments (76) | Send Message
     
    Author’s reply » next up on 20091202 i went synthetic long with -2 x 20120121 $12.5 PUT +2 x 20120121 $12.5 CALL ATVI for net $108.03 credit, closing on 20101209 for $88.85 debit, net gain $19.18
    5 Sep 2012, 04:38 PM Reply Like
  • starwitchdoctor
    , contributor
    Comments (76) | Send Message
     
    Author’s reply » next up on 20101013 i sold to open a ATVI110219P00011000 for net 71.31, buying to close on 20101201 for 34.01, net gain $37.29.
    5 Sep 2012, 04:46 PM Reply Like
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