Tuesday, March 5, 2013


In an unusual circumstance, the most recent call-away came on two separate days - the 1st and 4th of March. It was 100 shares each of  TAL (Tal Int'l). However, since the return was an annualized 24.52% I shouldn't complain of paying two commissions. Purchase price in mid-Oct. was $6909; net return after rolling UP a set of calls was $706, net of all commissions. If extended over twelve months, not five, the return would be nearly 25% with the same money.

Kinda makes up for any past or future losses that may happen.  

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