Thursday, July 24, 2008

AXP - New Position

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

24-Jul-08 - Initial Stock Position - BTO 100 AXP @ 38.04
24-Jul-08 - Initial Call Option - STO 1 Aug08 37.50 Call @ 2.10

Stock Investment: $3,804.00
Income Generated: $210.00
Percent Income Generated: 5.52%
Annualized Income Generated: 91.59%
Net Profit If Called: $156.00
Percent Return If Called: 4.10%
Annualized Return If Called: 68.04%
Days Held to Expiration: 22 days