Q&A

Average 1-Day Buy-Call Return

Wednesday, February 8, 2006, 6:52 AM ET

Q. Could you please explain the "average 1 day buy-call return"?
A. One-day return for a "buy call" option pick is calculated in the following way…

Q . Could you please explain the "average 1-Day buy-call return"

A. One-day return for a "buy call" option pick is calculated in the following way:
Profit=sell price -buy price
Return = (profit/buy price)*100%
One-day  return = return/(number of days this option was held)