EFTA01201454.pdf

Apple a) sell Jan 17 2015 110 calls bid used 150,000 shares 1.53 premium = 229,500 sales price 110.00 cost basis 98.95 purchase date: 9/5/2014 gain on sale 11.05 add option premium 1.53 return on investment 12.71% total gain on sale 12.58 holding period - days 132 shares 150.000 annualized gain 35.15% net $ gain 1,886,994 b) sell Apr 17 2015 110 calls bid used 150,000 shares 3.55 premium = 532,500 sales price 110.00 cost basis 98.95 purchase date: 9/5/2014 gain on sale 11.05 add option premium 3.55 return on investment 14.75% total gain on sale 14.60 holding period - days 222 shares 150,000 annualized gain 24.26% net $ gain 2,189,994 Note: Pricing was done on 10/2212014 at 9:50am EFTA01201454