Friday, September 21, 2007
MDT - Adjustment
The following adjustment was made today on MDT:
21-Sep-07 - Buy Back & Roll Out/Up - BTC 1 Sep07 55.00 Call @ -1.46 - Closed
21-Sep-07 - Continued Trade - STO 1 Nov07 57.50 Call @ 1.39 -
Current Position Summary:
Stock Investment: $5,272.00
Income Generated: $189.50
Percent Income Generated: 3.59%
Annualized Income Generated: 6.34%
Net Profit If Called: $667.50
Percent Return If Called: 12.66%
Annualized Return If Called: 22.33%
Days to Expiration: 207 days
Trade History:
23-Apr-07 - Initial Stock Position - BTO 100 MDT @ 52.72 - VICC
23-Apr-07 - Continued Trade - STO 1 May07 55.00 Call @ 0.19 - Expired
21-May-07 - Continued Trade - STO 1 Jun07 52.50 Call @ 0.59 - Closed
15-Jun-07 - Buy Back & Roll Out/Up - BTC 1 Jun07 52.50 Call @ -0.06
15-Jun-07 - Initial Call Option - STO 1 Jul07 55.00 Call @ 0.49 - Expired
25-Jul-07 - Continued Trade - STO 1 Sep07 55.00 Call @ 0.63 - Closed
27-Jul-07 - Dividend Received - DIV 100 Dividend @ 0.13
21-Sep-07 - Buy Back & Roll Out/Up - BTC 1 Sep07 55.00 Call @ -1.46
21-Sep-07 - Continued Trade - STO 1 Nov07 57.50 Call @ 1.39
Note that as a Value Investing Covered Call (VICC) position the primary objective is capital appreciation. The stock will be held long term until it reaches or surpasses it's fair value. OTM call options are sold to bring in a small amount of income while waiting for the stock to appreciate.
21-Sep-07 - Buy Back & Roll Out/Up - BTC 1 Sep07 55.00 Call @ -1.46 - Closed
21-Sep-07 - Continued Trade - STO 1 Nov07 57.50 Call @ 1.39 -
Current Position Summary:
Stock Investment: $5,272.00
Income Generated: $189.50
Percent Income Generated: 3.59%
Annualized Income Generated: 6.34%
Net Profit If Called: $667.50
Percent Return If Called: 12.66%
Annualized Return If Called: 22.33%
Days to Expiration: 207 days
Trade History:
23-Apr-07 - Initial Stock Position - BTO 100 MDT @ 52.72 - VICC
23-Apr-07 - Continued Trade - STO 1 May07 55.00 Call @ 0.19 - Expired
21-May-07 - Continued Trade - STO 1 Jun07 52.50 Call @ 0.59 - Closed
15-Jun-07 - Buy Back & Roll Out/Up - BTC 1 Jun07 52.50 Call @ -0.06
15-Jun-07 - Initial Call Option - STO 1 Jul07 55.00 Call @ 0.49 - Expired
25-Jul-07 - Continued Trade - STO 1 Sep07 55.00 Call @ 0.63 - Closed
27-Jul-07 - Dividend Received - DIV 100 Dividend @ 0.13
21-Sep-07 - Buy Back & Roll Out/Up - BTC 1 Sep07 55.00 Call @ -1.46
21-Sep-07 - Continued Trade - STO 1 Nov07 57.50 Call @ 1.39
Note that as a Value Investing Covered Call (VICC) position the primary objective is capital appreciation. The stock will be held long term until it reaches or surpasses it's fair value. OTM call options are sold to bring in a small amount of income while waiting for the stock to appreciate.
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