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JLS

10/12/17 2:45 PM

#1743 RE: Duma #1742

We can all calculate as we please.

So I'm not asking, and certainly not requiring, that you do it in any other way.

I was merely clarifying what you may have done because there was no way that I could tell that your options trade exactly covered the number of underlying shares of MU that you own.

For all I know, you may have 2,000 shares of MU and only traded one Call option. Or maybe you only have 50 shares of MU.

To nitpick, you should add the cost ($1.52 x 100) of your options to your $39.80 (cost of your 100 shares at trade entry, assuming matching number of shares). Then your option gain (relative to stock plus option) would be 2.86%.

I'll round that up to 3% to avoid further argument.