BAC - Adjustment

The following adjustment was made today on BAC:

14-Apr-09 - Buy Back and Roll Out/Up - BTC 1 Apr09 9.00 Call @ -1.76 -
14-Apr-09 - Interim Trade - STO 1 May09 10.00 Call @ 2.05 -

The BAC Apr09 9.00 call was ITM with less than $0.10 time value remaining. This position would have resulted in a loss if called, so I rolled it out/up to a May09 10.00 call in order to avoid assignment. I received a net credit on the roll of $29.00.

Current Position Summary:

Stock Investment: $3,372.00
Income Generated: $741.00
Percent Income Generated: 21.98%
Annualized Income Generated: 34.42%
Net Profit If Called: -$1,631.00
Percent Return If Called: -48.37%
Annualized Return If Called: -75.77%
Days Held to Expiration: 233 days

Trade History:

24-Sep-08 - Initial Stock Position - BTO 100 BAC @ 33.72 -
24-Sep-08 - Initial Call Option - STO 1 Oct08 32.50 Call @ 3.21 - Expired
26-Sep-08 - Dividend Received - DIV 100 Dividend @ 0.64 -
20-Oct-08 - Interim Trade - STO 1 Nov08 27.50 Call @ 0.73 - Expired
24-Nov-08 - Interim Trade - STO 1 Dec08 17.50Call @ 0.47 - Expired
22-Dec-08 - Interim Trade - STO 1 Jan09 16.00 Call @ 0.47 - Expired
26-Dec-08 - Dividend Received - DIV 100 Dividend @ 0.32 -
22-Jan-09 - Interim Trade - STO 1 Mar09 9.00 Call @ 0.67 - Expired
24-Mar-09 - Interim Trade - STO 1 Apr09 9.00 Call @ 0.60 - Closed
27-Mar-09 - Dividend Received - DIV 100 Dividend @ 0.01 -
14-Apr-09 - Buy Back and Roll Out/Up - BTC 1 Apr09 9.00 Call @ -1.76 -
14-Apr-09 - Interim Trade - STO 1 May09 10.00 Call @ 2.05 -