Saturday, January 20, 2007

ELOS - Closed

The ELOS Jan07 25 Call was exercised and the stock was called away for a profit. The following is the trade history and returns, including IB commissions.

Covered Call Results

Stock Investment: $5,077.00
Income Generated: $716.50
Net Profit: $639.50
Percent Return: 12.60%
Annualized Return: 15.07%
Duration of Trade: 305 days

Buy & Hold Comparison

Opening Price: $30.14
Closing Price: $26.47
P/L per Share: -$3.67
Shares: 100
Dividends: $0.00
Net Profit: -$367.00
Percent Return: -12.18%
Annualized Return: -14.57%
Duration of Trade: 305 days

Trade History:

20-Mar-06 - Initial Stock Position - BTO 100 ELOS @ 30.14 -
20-Mar-06 - Initial Call Option - STO 1 Sep06 30.00 Call @ 4.29 - Closed
06-Jul-06 - Buy Back - BTC 1 Sep06 30.00 Call @ -0.21 -
06-Jul-06 - Dollar Cost Averaging - BTO 100 ELOS @ 20.63 -
06-Jul-06 - Combined Cost Basis - $5,077.00 200 @ 25.39 -
06-Jul-06 - Continued Trade - STO 2 Jan07 25.00 Call @ 1.54 - Exercised
19-Jan-07 - Option Exercised - EX 2 Jan07 25.00 Call @ 25.00 -