WFC - New Position

A new dividend position was established today on WFC. The following is the trade information, including IB commissions:

24-Jan-08 - Initial Stock Position - BTO 100 WFC @ 30.13
24-Jan-08 - Initial Call Option - STO 1 Feb08 30.00 Call @ 1.34
01-Mar-08 - Dividend Received - DIV 100 Dividend @ 0.31

Summary without the dividend if called early on Ex-Dividend date:

Stock Investment: $3,013.00
Income Generated: $134.00
Percent Income Generated: 4.45%
Annualized Income Generated: 124.87%
Net Profit If Called: $121.00
Percent Return If Called: 4.02%
Annualized Return If Called: 112.75%
Days to Expiration: 13 days

Summary with the dividend if called at option expiration:

Stock Investment: $3,013.00
Income Generated: $165.00
Percent Income Generated: 5.48%
Annualized Income Generated: 90.86%
Net Profit If Called: $152.00
Percent Return If Called: 5.04%
Annualized Return If Called: 83.70%
Days to Expiration: 22 days

Dividend Information:

Ex-Dividend Date: 02/06/08
Dividend Pay Date: 03/01/08
Dividend Rate: $1.24
Dividend Yield: 4.20%