NUE - Closed

The NUE Sep07 50.00 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: $5,224.00
Income Generated: $608.00
Net Profit: $384.00
Percent Return: 7.35%
Annualized Return: 47.91%
Duration of Trade: 56 days

Buy & Hold Comparison

Opening Price: $52.24
Closing Price: $59.49
P/L per Share: $7.25
Shares: 100
Dividends: $0.00
Net Profit: $725.00
Percent Return: 13.88%
Annualized Return: 90.46%
Duration of Trade: 56 days

Trade History:

27-Jul-07 - Initial Stock Position - BTO 100 NUE @ 52.24 -
27-Jul-07 - Initial Call Option - STO 1 Aug07 50.00 Call @ 3.49 - Expired
20-Aug-07 - Continued Trade - STO 1 Sep07 50.00 Call @ 2.59 - Exercised
21-Sep-07 - Option Exercised - EX 1 Sep07 50.00 Call @ 50.00 -