ADP - Closed

The ADP Apr08 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: $4,011.00
Income Generated: $161.00
Net Profit: $150.00
Percent Return: 3.74%
Annualized Return: 24.37%
Duration of Trade: 56 days

Buy & Hold Comparison

Opening Price: $40.11
Closing Price: $43.81
P/L per Share: $3.70
Shares: 100
Dividends: $29.00
Net Profit: $399.00
Percent Return: 9.95%
Annualized Return: 64.84%
Duration of Trade: 56 days

Trade History:

22-Feb-08 - Initial Stock Position - BTO 100 ADP @ 40.11 -
22-Feb-08 - Initial Call Option - STO 1 Apr08 40.00 Call @ 1.32 - Exercised
01-Apr-08 - Dividend Received - DIV 100 Dividend @ 0.29 -
18-Apr-08 - Option Exercised - EX 1 Apr08 40.00 Call @ 40.00 -