MTB - Closed

The MTB Sep08 70.00 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: $7,155.00
Income Generated: $530.00
Net Profit: $375.00
Percent Return: 5.24%
Annualized Return: 59.78%
Duration of Trade: 32 days

Buy & Hold Comparison

Opening Price: $71.55
Closing Price: $93.49
P/L per Share: $21.94
Shares: 100
Dividends: $70.00
Net Profit: $2,264.00
Percent Return: 31.64%
Annualized Return: 360.92%
Duration of Trade: 32 days

Trade History:

18-Aug-08 - Initial Stock Position - BTO 100 MTB @ 71.55 -
18-Aug-08 - Initial Call Option - STO 1 Sep08 70.00 Call @ 4.60 - Exercised
19-Sep-08 - Option Exercised - EX 1 Sep08 70.00 Call @ 70.00 -
30-Sep-08 - Dividend Received - DIV 100 Dividend @ 0.70 -