NSC - Adjustment

The following adjustment was made Friday on Norfolk Southern Corp (NSC):

17-Jul-09 - Buy Back and Roll Out/Up - BTC 1 Jul09 38.00 Put @ -0.06 -
17-Jul-09 - CSP Margin Returned - CSP 100 NSC @ -38.00 -
17-Jul-09 - CSP Margin Used - CSP 100 NSC @ 39.00 -
17-Jul-09 - Continued Trade - STO 1 Aug09 39.00 Put @ 1.22 -

I bought back the Jul09 38 Put and roll out/up to an Aug09 39 Put for a net credit of $116.00. This also increased my cost basis by a total of $100, since I freed up $3,800 in margin ($38*100) and then used $3,900 in margin ($39*100).

Current Position Summary:

CSP Margin Used: $3,900.00
Income Generated: $226.00
Percent Income Generated: 5.79%
Annualized Income Generated: 37.11%
Net Profit If Expired: $226.00
Percent Return If Expired: 5.79%
Annualized Return If Expired: 37.11%
Days Held to Expiration: 57 days

Trade History:

25-Jun-09 - Initial Put Option - STO 1 Jul09 38.00 Put @ 1.10 - Closed
25-Jun-09 - Cash to Secure Put - CSP 100 NSC @ 38.00 - Closed
17-Jul-09 - Buy Back and Roll Out/Up - BTC 1 Jul09 38.00 Put @ -0.06 -
17-Jul-09 - CSP Margin Returned - CSP 100 NSC @ -38.00 -
17-Jul-09 - CSP Margin Used - CSP 100 NSC @ 39.00 -
17-Jul-09 - Continued Trade - STO 1 Aug09 39.00 Put @ 1.22 -