Tuesday, July 29, 2008

LM - New Position

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

29-Jul-08 - Initial Stock Position - BTO 100 LM @ 38.40
29-Jul-08 - Initial Call Option - STO 1 Aug08 35.00 Call @ 4.49

Stock Investment: $3,840.00
Income Generated: $449.00
Percent Income Generated: 11.69%
Annualized Income Generated: 251.05%
Net Profit If Called: $109.00
Percent Return If Called: 2.84%
Annualized Return If Called: 60.95%
Days Held to Expiration: 17 days