Sunday, September 21, 2008

AXP - Closed

The AXP Sep08 37.70 Call was exercised on Fri and the stock was called away for
a profit. The following is the trade history and returns, including IB
commissions.

Covered Call Results

Stock Investment: $3,799.00
Income Generated: $205.00
Net Profit: $156.00
Percent Return: 4.11%
Annualized Return: 53.53%
Duration of Trade: 28 days

Buy & Hold Comparison

Opening Price: $37.99
Closing Price: $40.39
P/L per Share: $2.40
Shares: 100
Dividends: $0.00
Net Profit: $240.00
Percent Return: 6.32%
Annualized Return: 82.35%
Duration of Trade: 28 days

Trade History:

22-Aug-08 - Initial Stock Position - BTO 100 AXP @ 37.99 -
22-Aug-08 - Initial Call Option - STO 1 Sep08 37.5 Call @ 2.05 - Exercised
19-Sep-08 - Option Exercised - EX 1 Sep08 37.5 Call @ 37.50 -