Sunday, September 23, 2007
STLD - Closed
The STLD Sep07 40.00 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: $4,338.00
Income Generated: $626.00
Net Profit: $288.00
Percent Return: 6.64%
Annualized Return: 25.78%
Duration of Trade: 94 days
Buy & Hold Comparison
Opening Price: $43.38
Closing Price: $46.27
P/L per Share: $2.89
Shares: 100
Dividends: $0.15
Net Profit: $304.00
Percent Return: 7.01%
Annualized Return: 27.21%
Duration of Trade: 94 days
Trade History:
19-Jun-07 - Initial Stock Position - BTO 100 STLD @ 43.38 -
19-Jun-07 - Initial Call Option - STO 1 Aug07 40.00 Call @ 4.72 - Expired
13-Jul-07 - Dividend Received - DIV 100 Dividend @ 0.05 -
13-Jul-07 - Dividend Received - DIV 100 Dividend @ 0.10 -
20-Aug-07 - Continued Trade - STO 1 Sep07 40.00 Call @ 1.39 - Exercised
21-Sep-07 - Option Exercised - EX 1 Sep07 40.00 Call @ 40.00 -
Covered Call Results
Stock Investment: $4,338.00
Income Generated: $626.00
Net Profit: $288.00
Percent Return: 6.64%
Annualized Return: 25.78%
Duration of Trade: 94 days
Buy & Hold Comparison
Opening Price: $43.38
Closing Price: $46.27
P/L per Share: $2.89
Shares: 100
Dividends: $0.15
Net Profit: $304.00
Percent Return: 7.01%
Annualized Return: 27.21%
Duration of Trade: 94 days
Trade History:
19-Jun-07 - Initial Stock Position - BTO 100 STLD @ 43.38 -
19-Jun-07 - Initial Call Option - STO 1 Aug07 40.00 Call @ 4.72 - Expired
13-Jul-07 - Dividend Received - DIV 100 Dividend @ 0.05 -
13-Jul-07 - Dividend Received - DIV 100 Dividend @ 0.10 -
20-Aug-07 - Continued Trade - STO 1 Sep07 40.00 Call @ 1.39 - Exercised
21-Sep-07 - Option Exercised - EX 1 Sep07 40.00 Call @ 40.00 -
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Trades