Tuesday, June 19, 2007
KOMG - Adjustment
The following adjustment was made today on KOMG:
KOMG is down about 50% from my original purchase price. By dollar cost averaging twice I've lowered the cost basis of the stock, excluding option premiums, to $35.46. With the current stock price at 25.15, the stock is down about 29% from my new cost basis, but I've generated about 21.58% income from this position. The Dec07 30 call is an interim trade, although it would result in a small profit, but I don't want to let it get called at that strike. So, if the stock goes ITM before Dec I'll probably roll it out and up.
19-Jun-07 - Dollar Cost Averaging - BTO 100 KOMG @ 24.87 -
19-Jun-07 - Combined Cost Basis - $10,638.00 300 @ 35.46 -
19-Jun-07 - Interim Trade - STO 3 Dec07 30.00 Call @ 1.39 -
Current Position Summary:
Stock Investment: $10,638.00
Income Generated: $2,295.25
Percent Income Generated: 21.58%
Net Profit If Called: $657.25
Percent Return If Called: 6.18%
Annualized Return If Called: 3.52%
Days to Expiration: 641 days
Trade History:
20-Mar-06 - Initial Stock Position - BTO 100 KOMG @ 49.87 -
20-Mar-06 - Initial Call Option - STO 1 Apr06 45.00 Call @ 5.93 - Expired
24-Apr-06 - Continued Trade - STO 1 Jun06 45.00 Call @ 2.79 - Expired
26-Jun-06 - Continued Trade - STO 1 Dec06 45.00 Call @ 4.89 - Expired
18-Dec-06 - Continued Trade - STO 1 Jun07 45.00 Call @ 2.69 - Closed
19-Mar-07 - Buy Back - BTC 1 Jun07 45.00 Call @ -0.11 -
19-Mar-07 - Dollar Cost Averaging - BTO 100 KOMG @ 31.64 -
19-Mar-07 - Combined Cost Basis - $8,151.00 200 @ 40.76 -
19-Mar-07 - Continued Trade - STO 2 Jun07 35.00 Call @ 1.29 - Expired
19-Jun-07 - Dollar Cost Averaging - BTO 100 KOMG @ 24.87 -
19-Jun-07 - Combined Cost Basis - $10,638.00 300 @ 35.46 -
19-Jun-07 - Interim Trade - STO 3 Dec07 30.00 Call @ 1.39 -
KOMG is down about 50% from my original purchase price. By dollar cost averaging twice I've lowered the cost basis of the stock, excluding option premiums, to $35.46. With the current stock price at 25.15, the stock is down about 29% from my new cost basis, but I've generated about 21.58% income from this position. The Dec07 30 call is an interim trade, although it would result in a small profit, but I don't want to let it get called at that strike. So, if the stock goes ITM before Dec I'll probably roll it out and up.
19-Jun-07 - Dollar Cost Averaging - BTO 100 KOMG @ 24.87 -
19-Jun-07 - Combined Cost Basis - $10,638.00 300 @ 35.46 -
19-Jun-07 - Interim Trade - STO 3 Dec07 30.00 Call @ 1.39 -
Current Position Summary:
Stock Investment: $10,638.00
Income Generated: $2,295.25
Percent Income Generated: 21.58%
Net Profit If Called: $657.25
Percent Return If Called: 6.18%
Annualized Return If Called: 3.52%
Days to Expiration: 641 days
Trade History:
20-Mar-06 - Initial Stock Position - BTO 100 KOMG @ 49.87 -
20-Mar-06 - Initial Call Option - STO 1 Apr06 45.00 Call @ 5.93 - Expired
24-Apr-06 - Continued Trade - STO 1 Jun06 45.00 Call @ 2.79 - Expired
26-Jun-06 - Continued Trade - STO 1 Dec06 45.00 Call @ 4.89 - Expired
18-Dec-06 - Continued Trade - STO 1 Jun07 45.00 Call @ 2.69 - Closed
19-Mar-07 - Buy Back - BTC 1 Jun07 45.00 Call @ -0.11 -
19-Mar-07 - Dollar Cost Averaging - BTO 100 KOMG @ 31.64 -
19-Mar-07 - Combined Cost Basis - $8,151.00 200 @ 40.76 -
19-Mar-07 - Continued Trade - STO 2 Jun07 35.00 Call @ 1.29 - Expired
19-Jun-07 - Dollar Cost Averaging - BTO 100 KOMG @ 24.87 -
19-Jun-07 - Combined Cost Basis - $10,638.00 300 @ 35.46 -
19-Jun-07 - Interim Trade - STO 3 Dec07 30.00 Call @ 1.39 -
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