This is a followup on the DIA-DXD Paper Trade position. The DIA position was ITM on Friday so I bought back the Apr08 127 Call and rolled out/up to the May08 131 Call to avoid assignment. At the same time I bought back the DXD Apr08 63 Call and rolled out/down to the May08 55 Call.
The following is the trade information, including IB commissions, using Friday's closing bid/ask prices:
DIA Position Trade History
12-Mar-08 - Initial Stock Position - BTO 100 DIA @ 121.41 -
12-Mar-08 - Initial Call Option - STO 1 Apr08 127.00 Call @ 1.16 - Closed
14-Apr-08 - Dividend Received - DIV 100 Dividend @ 0.30 -
18-Apr-08 - Buy Back & Roll Out/Up - BTC 1 Apr08 127.00 Call @ -1.09 -
18-Apr-08 - Continued Trade - STO 1 May08 131.00 Call @ 0.99 -
Stock Investment: $12,141.00
Income Generated: $135.64
Percent Income Generated: 1.12%
Annualized Income Generated: 6.27%
Days Held to Expiration: 65 days
DXD Position Trade History
12-Mar-08 - Initial Stock Position - BTO 100 DXD @ 58.86 -
12-Mar-08 - Initial Call Option - STO 1 Apr08 63.00 Call @ 1.44 - Closed
31-Mar-08 - Dividend Received - DIV 100 Dividend @ 0.22 -
18-Apr-08 - Buy Back & Roll Out/Down - BTC 1 Apr08 63.00 Call @ -0.06 -
18-Apr-08 - Continued Trade - STO 1 May08 55.00 Call @ 0.79 -
Stock Investment: $5,866.00
Income Generated: $239.27
Percent Income Generated: 4.07%
Annualized Income Generated: 22.83%
Days Held to Expiration: 65 days
Combined Position
Stock Investment: $18,027.00
Income Generated: $374.91
Percent Income Generated: 2.08%
Annualized Income Generated: 11.68%
Days Held to Expiration: 65 days
Position Summary if Closed
Starting Capital: $18,027.00
Market Value: $18,121.91
Total P/L: $94.91
Buy & Hold Comparison
DIA Purchase Price: $121.40
DIA Current Price: $127.86
P/L on DIA: $646.00
Dividends: $29.64
Total P/L on DIA: $675.64
DXD Purchase Price: $58.85
DXD Current Price: $51.66
P/L on DXD: -$719.00
Dividends: $22.27
Total P/L on DXD: -$696.73
Combined Purchase Price: $180.25
Combined Current Price: $179.52
Combined P/L: -$73.00
Combined Dividends: $51.91
Combined Total P/L on DIA: -$21.09
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This blog will serve as a trading journal to track my options portfolio. Trade information will be posted weekly, including new positions, adjusted positions, and closed positions. The information presented here is for educational purposes only. Under no circumstances does this information represent a recommendation to buy or sell any stocks or options. If you choose to use this information, you do so at your own risk.
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- CCWriter
- I've been investing in the stock market for 30+ years. I started out like most investors with mutual funds, then progressed to individual stocks, and finally options trading, using Covered Calls and Cash Secured Puts as my primary strategies. I started this blog in 2006 to track my options trades and also started a discussion group, first hosted at Yahoo, and now at Groups.io, to help others who were interested in trading Covered Calls and Cash Secured Puts. I hope the information provided in this blog, and the accompanying discussion group, is helpful. If you're interested in learning more, please join the discussion group at the top of this page. We have many members who are always willing to help.
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Disclaimer:
The information presented here is for educational purposes only. Under no circumstances does this information represent a recommendation to buy or sell any stocks or options. If you choose to use this information, you do so at your own risk.