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Sunday, June 3, 2012

US STEEL cont

STO -1 may 28 call for 1.60
BTO 1 may 28 call for .05

                                 Total 1.55  For $155 less 2.95 in commissions for $152.05 Credit

My cost basis for US Steel started at 100 shares for 27.60 for $2760
I have received option premium thus far of
April $113
May $152.05
Total $265.05


Making for total cost basis for X $2760 - $265.05= $2494.95  or $24.95 per share.



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