Question:
I am trying to understand your benchmark portfolio results in your newsletter. Please define the parameters you use:
Total Cost Total Market Value Starting Basis Cash Return On Account % Total Portfolio Value $ Total Realized Gain/Loss $ and %
Thanks.
Solution:
Total Costs - The cost to purchase the underlying LEAPs or stock minus the income from the sale of calls.
Total Market Value - The current market value of the underlying stock or LEAPs minus the market value of the sold calls.
Starting Basis - The amount of capital the portfolio was started with.
Cash - Amount in $ of the portfolio held in cash.
Return on Account % - The Total value of the account as a % return against the Starting Basis.
Total Portfolio Value $ - The total value of the portfolio (Market Value + Cash)
Total Realized Gain/Loss $ and % - The actual $ amount that has been returned from closed positions in $ and as a percentage against the Starting Basis.
[--- UPDATED: 25/05/2005 10:14:58 BY AGENT: Rob Camden ---]
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