Tuesday, September 23, 2008

GE - New Position

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

23-Sep-08 - Initial Stock Position - BTO 100 GE @ 25.01
23-Sep-08 - Initial Call Option - STO 1 Oct08 25.00 Call @ 1.79

Stock Investment: $2,501.00
Income Generated: $179.00
Percent Income Generated: 7.16%
Annualized Income Generated: 108.85%
Net Profit If Called: $178.00
Percent Return If Called: 7.12%
Annualized Return If Called: 108.24%
Days Held to Expiration: 24 days