On 5/29, I have exited this trade as it has not had much activity in 20 days.
On 5/9/08 Bought long position to open: BOT AMED 100 JUN 08 50 CALL @4.35
On 5/15/08 Sold short leg to adjust: SOLD AMED 100 JUN 08 55 CALL @.80
Cost basis= 4.35-0.80= $3.55
On 5/21/08 Bought back short leg: BOT AMED 100 JUN 08 55 CALL @1.35
On 5/29/08 Sold long position to close: SOLD AMED 100 JUN 08 50 CALL @2.22
-1.35+2.22= $0.87 profit/3.55 cost basis= +24.5% ROI in 20 days
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