Sunday, September 21, 2008
CYN - Closed
The CYN Sep08 45.00 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: $4,750.00
Income Generated: $370.00
Net Profit: $120.00
Percent Return: 2.53%
Annualized Return: 32.92%
Duration of Trade: 28 days
Buy & Hold Comparison
Opening Price: $47.50
Closing Price: $63.89
P/L per Share: $16.39
Shares: 100
Dividends: $0.00
Net Profit: $1,639.00
Percent Return: 34.51%
Annualized Return: 449.80%
Duration of Trade: 28 days
Trade History:
22-Aug-08 - Initial Stock Position - BTO 100 CYN @ 47.50 -
22-Aug-08 - Initial Call Option - STO 1 Sep08 45.00 Call @ 3.70 - Exercised
19-Sep-08 - Option Exercised - EX 1 Sep08 45.00 Call @ 45.00 -
a profit. The following is the trade history and returns, including IB
commissions.
Covered Call Results
Stock Investment: $4,750.00
Income Generated: $370.00
Net Profit: $120.00
Percent Return: 2.53%
Annualized Return: 32.92%
Duration of Trade: 28 days
Buy & Hold Comparison
Opening Price: $47.50
Closing Price: $63.89
P/L per Share: $16.39
Shares: 100
Dividends: $0.00
Net Profit: $1,639.00
Percent Return: 34.51%
Annualized Return: 449.80%
Duration of Trade: 28 days
Trade History:
22-Aug-08 - Initial Stock Position - BTO 100 CYN @ 47.50 -
22-Aug-08 - Initial Call Option - STO 1 Sep08 45.00 Call @ 3.70 - Exercised
19-Sep-08 - Option Exercised - EX 1 Sep08 45.00 Call @ 45.00 -
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Trades