Tuesday, July 24, 2007
NDAQ - Closed
The NDAQ Jul07 32.50 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: $3,410.00
Income Generated: $498.00
Net Profit: $338.00
Percent Return: 9.91%
Annualized Return: 20.56%
Duration of Trade: 176 days
Buy & Hold Comparison
Opening Price: $34.10
Closing Price: $33.79
P/L per Share: -$0.31
Shares: 100
Dividends: $0.00
Net Profit: -$31.00
Percent Return: -0.91%
Annualized Return: -1.89%
Duration of Trade: 176 days
Trade History:
25-Jan-07 - Initial Stock Position - BTO 100 NDAQ @ 34.10 -
25-Jan-07 - Initial Call Option - STO 1 Jun07 32.50 Call @ 4.39 - Expired
19-Jun-07 - Continued Trade - STO 1 Jul07 32.50 Call @ 0.59 - Exercised
20-Jul-07 - Option Exercised - EX 1 Jul07 32.50 Call @ 32.50 -
Covered Call Results
Stock Investment: $3,410.00
Income Generated: $498.00
Net Profit: $338.00
Percent Return: 9.91%
Annualized Return: 20.56%
Duration of Trade: 176 days
Buy & Hold Comparison
Opening Price: $34.10
Closing Price: $33.79
P/L per Share: -$0.31
Shares: 100
Dividends: $0.00
Net Profit: -$31.00
Percent Return: -0.91%
Annualized Return: -1.89%
Duration of Trade: 176 days
Trade History:
25-Jan-07 - Initial Stock Position - BTO 100 NDAQ @ 34.10 -
25-Jan-07 - Initial Call Option - STO 1 Jun07 32.50 Call @ 4.39 - Expired
19-Jun-07 - Continued Trade - STO 1 Jul07 32.50 Call @ 0.59 - Exercised
20-Jul-07 - Option Exercised - EX 1 Jul07 32.50 Call @ 32.50 -
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Trades