RS - Closed

The RS position was closed today for a profit since it already produced about 90% of the expected return. By closing early I gave back $19 in profit but increased the annualized return. The following is the trade history and returns, including IB commissions.

Covered Call Results

Stock Investment: $4,623.00
Income Generated: -$602.00
Net Profit: $179.00
Percent Return: 3.87%
Annualized Return: 83.13%
Duration of Trade: 17 days

Buy & Hold Comparison

Opening Price: $46.23
Closing Price: $54.04
P/L per Share: $7.81
Shares: 100
Dividends: $0.00
Net Profit: $781.00
Percent Return: 16.89%
Annualized Return: 362.72%
Duration of Trade: 17 days

Trade History:

20-Aug-07 - Initial Stock Position - BTO 100 RS @ 46.23 - Closed
20-Aug-07 - Initial Call Option - STO 1 Sep07 45.00 Call @ 3.21 - Closed
06-Sep-07 - Position Closed - BTC 1 Sep07 45.00 Call @ -9.23 -
06-Sep-07 - Position Closed - STC 1 Closed @ 54.04 -