Tuesday, July 22, 2008

PSUN - Adjustment

The following adjustments were made today on PSUN:

I decided to split the DHI position into 2 positions of 200 shares each and manage each one separately. Each has a different cost basis, allowing me to sell different strike prices. This provides a bit more flexability and will allow me to slowly reduce my holding in DHI as the lower strike stocks get called away, preferably at a profit.

PSUN Position #1

22-Jul-08 - Interim Trade - STO 2 Jan09 12.50 Call @ 0.32 -

Current Position Summary:

Stock Investment: $5,277.00
Income Generated: $1,253.50
Percent Income Generated: 23.75%
Annualized Income Generated: 7.53%
Net Profit If Called: -$1,523.50
Percent Return If Called: -28.87%
Annualized Return If Called: -9.15%
Days Held to Expiration: 1152 days

Trade History:

21-Nov-05 - Initial Stock Position - BTO 200 PSUN @ 26.39 -
21-Nov-05 - Initial Call Option - STO 2 Dec05 25.00 Call @ 1.84 - Expired
20-Dec-05 - Continued Trade - STO 2 Jan06 25.00 Call @ 0.69 - Expired
23-Jan-06 - Continued Trade - STO 2 Mar06 25.00 Call @ 0.74 - Expired
20-Mar-06 - Continued Trade - STO 2 Jun06 25.00 Call @ 0.64 - Expired
26-Jun-06 - Continued Trade - STO 2 Dec06 22.50 Call @ 0.69 - Closed
18-Sep-06 - Buy Back & Roll Out/Down - BTC 2 Dec06 22.50 Call @ -0.16 -
18-Sep-06 - Interim Trade - STO 2 Jan07 17.50 Call @ 0.54 - Closed
18-Dec-06 - Buy Back & Roll Out/Up - BTC 2 Jan07 17.50 Call @ -3.01 -
18-Dec-06 - Continued Trade - STO 2 Jan09 22.50 Call @ 3.69 - Closed
07-Jan-08 - Buy Back - BTC 2 Jan09 22.50 Call @ -0.61 -
24-Jan-08 - Interim Trade - STO 2 Jun08 12.50 Call @ 0.74 - Closed
22-May-08 - Buy Back & Roll Out - BTC 2 Jun08 12.50 Call @ -0.11 -
22-May-08 - Interim Trade - STO 2 Jul08 12.50 Call @ 0.23 - Expired
22-Jul-08 - Interim Trade - STO 2 Jan09 12.50 Call @ 0.32 -

PSUN Position #2

22-Jul-08 - Interim Trade - STO 2 Sep08 10.00 Call @ 0.31 -

Current Position Summary:

Stock Investment: $3,831.00
Income Generated: $467.50
Percent Income Generated: 12.20%
Annualized Income Generated: 5.46%
Net Profit If Called: -$1,363.50
Percent Return If Called: -35.59%
Annualized Return If Called: -15.92%
Days Held to Expiration: 816 days

Trade History:

26-Jun-06 - Initial Stock Position - BTO 200 PSUN @ 19.16 -
26-Jun-06 - Continued Trade - STO 2 Dec06 22.50 Call @ 0.69 - Closed
18-Sep-06 - Buy Back & Roll Out/Down - BTC 2 Dec06 22.50 Call @ -0.16 -
18-Sep-06 - Interim Trade - STO 2 Jan07 17.50 Call @ 0.54 - Closed
18-Dec-06 - Buy Back & Roll Out/Up - BTC 2 Jan07 17.50 Call @ -3.01 -
18-Dec-06 - Continued Trade - STO 2 Jan09 22.50 Call @ 3.69 - Closed0
07-Jan-08 - Buy Back - BTC 2 Jan09 22.50 Call @ -0.61 -
24-Jan-08 - Interim Trade - STO 2 Jun08 12.50 Call @ 0.74 - Closed
22-May-08 - Buy Back & Roll Out - BTC 2 Jun08 12.50 Call @ -0.11 -
22-May-08 - Interim Trade - STO 2 Jul08 12.50 Call @ 0.23 - Expired
22-Jul-08 - Interim Trade - STO 2 Sep08 10.00 Call @ 0.31 -