Closing Transaction - Mack-Cali Realty (CLI) (6-30-2009)

After a long time waiting, part of my position in CLI has finally been called away due to an ex-div date. This reduces my overall position to 300 shares, and reduces its share of the CCIP portfolio from 23% to 18%, which is still very high, but still better. I may sell a cash-secured put against CLI in the future, if another 100 shares is called away at July expiration. The final profit info is below:


Various -- Bought 100 CLI @ 18.80
3/2/2009 -- Sold To Open 1 CLI July $22.5 Call @ 1.2225
4/1/2009 – CLI Dividend @ .45
4/16/2009 – Bought To Close 1 CLI July $22.5 Call @ 4.45
4/16/2009 – Sold To Open 1 CLI May $25 Call @ 1.7
5/15/2009 – May $25 Call Expired
5/18/2009 – Sold To Open 1 CLI June $22.50 Call @ 2.75
6/19/2009 - June $22.50 Call Expired
6/23/2009 - Sold To Open 1 CLI July $20.00 Call @ 1.70
6/30/2009 - Stock Called @ 20.00

The important purchase metrics are below for insight into possible profit and loss (these all include commissions):
Stock Purchase Cost: $1880.00


Total Upside: 26.01%

Annualized Max Upside: 79.12%