Monday, March 21, 2011


The latest trade was a close-out on HCN, a Healthcare REIT which I had done previously. This time, however, I struggled with the fact that because of option difficulty, I had to do an ATM (at-the-money) Call, so had to delete it from my track record portfolio (but I'm keeping the money!).
Bot 200 HCN on Oct. 18, 2010 at $49.76 (average price); sold two March 50 Calls (sic) for $400; stock called away on Friday's expiry $9991 (net of commission): return $706 over 5 months = 17% annualized (divided % by 5, multiply by 12).

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