Tuesday, July 24, 2007

ASF - Closed

The ASF Jul07 35.00 Call was exercised on Fri 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: $3,683.00
Income Generated: $440.00
Net Profit: $257.00
Percent Return: 6.98%
Annualized Return: 20.71%
Duration of Trade: 123 days

Buy & Hold Comparison

Opening Price: $36.83
Closing Price: $35.29
P/L per Share: -$1.54
Shares: 100
Dividends: $11.00
Net Profit: -$143.00
Percent Return: -3.88%
Annualized Return: -11.52%
Duration of Trade: 123 days

Trade History:

19-Mar-07 - Initial Stock Position - BTO 100 ASF @ 36.83 -
19-Mar-07 - Initial Call Option - STO 1 Jul07 35.00 Call @ 4.29 - Exercised
29-Jun-07 - Dividend Received - DIV 100 Dividend @ 0.11 -
20-Jul-07 - Option Exercised - EX 1 Jul07 35.00 Call @ 35.00 -