Thursday, July 24, 2008

BBT - New Position

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

24-Jul-08 - Initial Stock Position - BTO 100 BBT @ 28.33
24-Jul-08 - Initial Call Option - STO 1 Aug08 27.50 Call @ 2.22

Stock Investment: $2,833.00
Income Generated: $222.00
Percent Income Generated: 7.84%
Annualized Income Generated: 130.01%
Net Profit If Called: $139.00
Percent Return If Called: 4.91%
Annualized Return If Called: 81.40%
Days Held to Expiration: 22 days