Friday, December 22, 2006
EXPD - Adjustment
The following adjustment was made today on EXPD:
22-Dec-06 - Buy Back & Roll Out - BTC 1 Jan07 45.00 Call @ -0.16
22-Dec-06 - Continued Trade - STO 1 May07 45.00 Call @ 2.04
The Jan07 45 call had very little time value left so the call was rolled out to May07. This position was established with my new stock selection criteria and position sizing.
Current Position Summary:
Stock Investment: $4,515.00
Income Generated: $897.00
Percent Income Generated: 18.98%
Net Profit If Called: $842.00
Percent Return If Called: 18.65%
Annualized Return If Called: 23.00%
Days to Expiration: 296 days
Trade History:
26-Jul-06 - Initial Stock Position - BTO 100 EXPD @ 45.15
26-Jul-06 - Initial Call Option - STO 1 Jan07 45.00 Call @ 6.69
22-Dec-06 - Buy Back & Roll Out - BTC 1 Jan07 45.00 Call @ -0.16
22-Dec-06 - Continued Trade - STO 1 May07 45.00 Call @ 2.04
22-Dec-06 - Buy Back & Roll Out - BTC 1 Jan07 45.00 Call @ -0.16
22-Dec-06 - Continued Trade - STO 1 May07 45.00 Call @ 2.04
The Jan07 45 call had very little time value left so the call was rolled out to May07. This position was established with my new stock selection criteria and position sizing.
Current Position Summary:
Stock Investment: $4,515.00
Income Generated: $897.00
Percent Income Generated: 18.98%
Net Profit If Called: $842.00
Percent Return If Called: 18.65%
Annualized Return If Called: 23.00%
Days to Expiration: 296 days
Trade History:
26-Jul-06 - Initial Stock Position - BTO 100 EXPD @ 45.15
26-Jul-06 - Initial Call Option - STO 1 Jan07 45.00 Call @ 6.69
22-Dec-06 - Buy Back & Roll Out - BTC 1 Jan07 45.00 Call @ -0.16
22-Dec-06 - Continued Trade - STO 1 May07 45.00 Call @ 2.04
Labels:
Trades