Saturday, January 20, 2007

NVT - Closed

The NVT 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: $2,800.00
Income Generated: $469.00
Net Profit: $169.00
Percent Return: 6.04%
Annualized Return: 25.32%
Duration of Trade: 87 days

Buy & Hold Comparison

Opening Price: $28.00
Closing Price: $31.62
P/L per Share: $3.62
Shares: 100
Dividends: $0.00
Net Profit: $362.00
Percent Return: 12.93%
Annualized Return: 54.24%
Duration of Trade: 87 days

Trade History:

24-Oct-06 - Initial Stock Position - BTO 100 NVT @ 28.00 -
24-Oct-06 - Initial Call Option - STO 1 Jan07 25.00 Call @ 4.69 - Expired
19-Jan-07 - Option Exercised - EX 1 Jan07 25.00 Call @ 25.00 -