Monday, November 24, 2008

CL - New Position

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

24-Nov-08 - Initial Stock Position - BTO 100 CL @ 63.62
24-Nov-08 - Initial Call Option - STO 1 Dec08 60.00 Call @ 5.19

Stock Investment: $6,362.00
Income Generated: $519.00
Percent Income Generated: 8.16%
Annualized Income Generated: 119.10%
Net Profit If Called: $157.00
Percent Return If Called: 2.47%
Annualized Return If Called: 36.03%
Days Held to Expiration: 25 days