Closing Transaction - Direxion 3x Financial (FAS) (7-15-2009)

Unfortunately, FAS underwent a 1-5 reverse split this month, which made the 300 shares i had in my portfolio only 60 shares. This makes it impossible for me to continue selling calls on these positions unless I want to increase my stake. As such, I have decided to attempt to exit my positions in FAS as the call options written on them expire. This is the first of such sales. The final profit info is below:

4/17/2009 -- Bought 100 FAS @ 9.745
4/17/2009 -- Sold To Open 1 FAS May $8 Call @ 2.65

5/7/2009 – Bought To Close 1 FAS May $8 Call @ 3.55

5/7/2009 – Sold To Open 1 FAS May $10 Call @ 1.95

5/15/2009 – May $9 Call Expired

5/18/2009 – Sold To Open 1 FAS June $11 Call @ 0.95
6/15/2009 -- Bought To Close 1 FAS June $11 Call @ 0.25
6/15/2009 -- Sold To Open 1 FAS July $11 Call @ 0.90
6/22/2009 -- Bought To Close 1 FAS July $11 Call @ 0.35
6/30/2009 -- Dividend @ 0.01128
7/15/2009 -- Sold 100 FAS @ 49.50 (9.90)


The important purchase metrics are below for insight into possible profit and loss (these all include commissions):
Stock Purchase Cost: $974.50

Final Profit (%): 34.76%
Final Profit ($): $246.63

Annualized Profit (%): 142.56%