Thursday, January 28, 2010

SNDK - Adjustment




The following adjustment was made today on Sandisk (SNDK). All prices include IB commissions.

Update 1/30/10: I sold this put too early. I intended to wait until after earnings announcement on Thursday, which was scheduled for after the market close, but somehow I thought it was in the morning. I should have sold the put on Friday, not Thursday. Had I checked the news and waited until Friday, I could have sold the Feb 25 strike rather then the Feb 27 strike.








DateStockDescriptionTransactionStatusStock InvestmentIncome Generated
1/15/2010SNDKCSP Margin ReturnedCSP 200 SNDK @ -27.00 $5,400.00 
1/28/2010SNDKCSP Margin UsedCSP 200 SNDK @ 27.00 ($5,400.00) 
1/28/2010SNDKContinued TradeSTO 2 Feb10 27.00 Put @ 0.99  $198.60


Current Position Summary












CSP Margin Used$13,054.00
Income Generated$5,123.60
Percent Income Generated39.25%
Annualized Income Generated10.25%
Net Profit If Assigned-$2,530.40
Percent Return If Assigned-19.38%
Annualized Return If Assigned-5.06%
Days Held to Expiration1397 days


Trade History































































DateStockDescriptionTransactionStatusStock InvestmentIncome Generated
4/24/2006SNDKInitial Stock PositionBTO 100 SNDK @ 59.56Called($5,956.00) 
4/24/2006SNDKInitial Call OptionSTO 1 Jul06 57.50 Call @ 7.09Closed $709.00
7/6/2006SNDKBuy Back & Roll Out/DownBTC 1 Jul06 57.50 Call @ -0.16  ($16.00)
7/6/2006SNDKSecond Stock PositionBTO 100 SNDK @ 48.98Called($4,898.00) 
7/6/2006SNDKNew Cost Basis$10,854.00 200 @ 54.27   
7/6/2006SNDKContinued TradeSTO 2 Oct06 55.00 Call @ 3.39Expired $678.50
10/23/2006SNDKContinued TradeSTO 2 Jan07 55.00 Call @ 2.14Closed $428.50
12/19/2006SNDKBuy Back & Roll Out/DownBTC 2 Jan07 55.00 Call @ -0.16  ($31.50)
12/19/2006SNDKContinued TradeSTO 2 Feb07 50.00 Call @ 1.69Closed $338.50
2/6/2007SNDKBuy Back & Roll Out/DownBTC 2 Feb07 50.00 Call @ -0.06  ($11.00)
2/6/2007SNDKInterim TradeSTO 2 Apr07 45.00 Call @ 1.39Expired $278.50
4/27/2007SNDKInterim TradeSTO 2 May07 45.00 Call @ 0.84Expired $168.50
5/21/2007SNDKInterim TradeSTO 2 Jun07 45.00 Call @ 0.98Closed $196.50
6/15/2007SNDKBuy Back & Roll Out/UpBTC 2 Jun07 45.00 Call @ -1.46  ($291.50)
6/15/2007SNDKContinued TradeSTO 2 Oct07 50.00 Call @ 2.60Expired $520.50
10/22/2007SNDKContinued TradeSTO 2 Nov07 45.00 Call @ 1.64Expired $328.60
11/20/2007SNDKContinued TradeSTO 2 Dec07 40.00 Call @ 0.67Expired $134.60
1/14/2008SNDKInterim TradeSTO 2 Feb08 35.00 Call @ 0.85Expired $169.60
2/21/2008SNDKInterim TradeSTO 2 Mar08 30.00 Call @ 0.24Expired $48.60
3/25/2008SNDKInterim TradeSTO 2 May08 25.00 Call @ 0.74Expired $148.60
4/29/2008SNDKBuy Back & Roll Out/UpBTC 2 May08 25.00 Call @ -2.35  ($469.40)
4/29/2008SNDKInterim TradeSTO 2 Jul08 30.00 Call @ 1.38Expired $275.70
7/24/2008SNDKInterim TradeSTO 1 Oct08 20.00 Call @ 0.31Expired $31.00
7/24/2008SNDKInterim TradeSTO 1 Oct08 17.50 Call @ 0.65Expired $65.00
10/20/2008SNDKInterim TradeSTO 2 Nov08 18.00 Call @ 1.16Expired $232.60
11/24/2008SNDKInterim TradeSTO 2 Dec08 8.00 Call @ 0.27Closed $54.60
12/11/2008SNDKBuy Back and Roll Out/UpBTC 2 Dec08 8.00 Call @ -2.01  ($401.40)
12/11/2008SNDKInterim TradeSTO 2 Jan09 11.00 Call @ 1.13Closed $226.60
1/16/2009SNDKBuy Back BTC 2 Jan09 11.00 Call @ -1.05  ($210.80)
1/22/2009SNDKInterim TradeSTO 2 Feb09 13.00 Call @ 0.81Expired $162.60
2/24/2009SNDKInterim TradeSTO 2 Mar09 11.00 Call @ 0.22Expired $43.10
3/24/2009SNDKInterim TradeSTO 2 Apr09 14.00 Call @ 0.67Closed $134.60
4/17/2009SNDKBuy Back and Roll OutBTC 2 Apr09 14.00 Call @ -1.05  ($210.90)
4/17/2009SNDKInterim TradeSTO 2 May08 15.00 Call @ 1.53Closed $306.60
5/4/2009SNDKBuy Back and Roll OutBTC 2 May08 15.00 Call @ -1.50  ($299.40)
5/4/2009SNDKInterim TradeSTO 2 Jun09 15.00 Call @ 2.25Expired $449.10
6/24/2009SNDKInterim TradeSTO 2 Jul09 16.00 Call @ 0.32Closed $64.60
7/17/2009SNDKBuy Back and Roll OutBTC 2 Jul09 16.00 Call @ -1.97  ($393.40)
7/17/2009SNDKInterim TradeSTO 2 Aug09 16.00 Call @ 2.66Closed $532.60
8/11/2009SNDKBuy Back and Roll OutBTC 2 Aug09 16.00 Call @ -1.06  ($211.40)
8/11/2009SNDKInterim TradeSTO 2 Sep09 16.00 Call @ 1.56Exercised $311.10
9/18/2009SNDKOption ExercisedEX 2 Sep09 16.00 Call @ 16.00 $3,200.00 
9/22/2009SNDKCSP Margin UsedCSP 200 SNDK @ 20.00 ($4,000.00) 
9/22/2009SNDKNew Cost Basis$11,654.00 200 @ 58.27   
9/22/2009SNDKContinued TradeSTO 2 Nov09 20.00 Put @ 1.01Expired $202.60
11/20/2009SNDKCSP Margin ReturnedCSP 200 SNDK @ -20.00 $4,000.00 
11/24/2009SNDKCSP Margin UsedCSP 200 SNDK @ 19.00 ($3,800.00) 
11/24/2009SNDKNew Cost Basis$11,454.00 200 @ 57.27   
11/24/2009SNDKContinued TradeSTO 2 Dec09 19.00 Put @ 0.59Expired $118.60
12/18/2009SNDKCSP Margin ReturnedCSP 200 SNDK @ -19.00 $3,800.00 
12/28/2009SNDKCSP Margin UsedCSP 200 SNDK @ 27.00 ($5,400.00) 
12/28/2009SNDKNew Cost Basis$13,054.00 200 @ 65.27   
12/28/2009SNDKContinued TradeSTO 2 Jan10 27.00 Put @ 0.56Expired $112.20
1/15/2010SNDKCSP Margin ReturnedCSP 200 SNDK @ -27.00 $5,400.00 
1/28/2010SNDKCSP Margin UsedCSP 200 SNDK @ 27.00 ($5,400.00) 
1/28/2010SNDKContinued TradeSTO 2 Feb10 27.00 Put @ 0.99  $198.60
2/19/2010SNDK Totals ($13,054.00)$5,123.60
DTE1397 Percent Income/Annualized 39.25%10.25%

PG - Adjustment




The following adjustment was made today on Procter and Gamble (PG). All prices include IB commissions.








DateStockDescriptionTransactionStatusStock InvestmentIncome Generated
1/15/2010PGCSP Margin ReturnedCSP 100 PG @ -60.00 $6,000.00 
1/28/2010PGCSP Margin UsedCSP 100 PG @ 60.00 ($6,000.00) 
1/28/2010PGContinued TradeSTO 1 Feb10 60.00 Put @ 0.41  $41.00


Position Summary












CSP Margin Used$6,000.00
Income Generated$231.80
Percent Income Generated3.86%
Annualized Income Generated11.75%
Net Profit If Assigned$231.80
Percent Return If Assigned3.86%
Annualized Return If Assigned11.75%
Days Held to Expiration120 days


Trade History



















DateStockDescriptionTransactionStatusStock InvestmentIncome Generated
10/22/2009PGCSP Margin UsedCSP 100 PG @ 57.50 ($5,750.00) 
10/22/2009PGInitial Put OptionSTO 1 Nov09 57.50 Put @ 1.14Expired $114.00
11/20/2009PGCSP Margin ReturnedCSP 100 PG @ -57.50 $5,750.00 
11/24/2009PGCSP Margin UsedCSP 100 PG @ 60.00 ($6,000.00) 
11/24/2009PGNew Cost Basis$6,000.00 100 @ 60.00   
11/24/2009PGContinued TradeSTO 1 Dec09 60.00 Put @ 0.29Expired $28.80
12/18/2009PGCSP Margin ReturnedCSP 100 PG @ -60.00 $6,000.00 
12/28/2009PGCSP Margin UsedCSP 100 PG @ 60.00 ($6,000.00) 
12/28/2009PGContinued TradeSTO 1 Jan10 60.00 Put @ 0.48Expired $48.00
1/15/2010PGCSP Margin ReturnedCSP 100 PG @ -60.00 $6,000.00 
1/28/2010PGCSP Margin UsedCSP 100 PG @ 60.00 ($6,000.00) 
1/28/2010PGContinued TradeSTO 1 Feb10 60.00 Put @ 0.41  $41.00
2/19/2010PG Totals ($6,000.00)$231.80
DTE120 Percent Income/Annualized 3.86%11.75%

Wednesday, January 27, 2010

GE - Adjustment




The following adjustment was made on today on General Electric (GE). All prices include IB commissions.









DateStockDescriptionTransactionStatusStock InvestmentIncome Generated
1/15/2010GEOption ExercisedEX 1 Jan10 16.00 Call @ 16.00 $1,600.00 
1/25/2010GEDividend ReceivedDIV 100 Dividend @ 0.10  $10.00
1/27/2010GECSP Margin UsedCSP 100 GE @ 16.00 ($1,600.00) 
1/27/2010GEContinued TradeSTO 1 Feb10 16.00 Put @ 0.39  $39.00


Current Position Summary












Cost Basis$3,001.00
Income Generated$656.00
Percent Income Generated21.86%
Annualized Income Generated15.52%
Net Profit If Assigned-$745.00
Percent Return If Assigned-24.83%
Annualized Return If Assigned-17.63%
Days Held to Expiration514 days


Trade History







































DateStockDescriptionTransactionStatusStock InvestmentIncome Generated
9/23/2008GEInitial Stock PositionBTO 100 GE @ 25.01Called($2,501.00) 
9/23/2008GEInitial Call OptionSTO 1 Oct08 25.00 Call @ 1.79Expired $179.00
10/20/2008GEInterim TradeSTO 1 Nov08 22.00 Call @ 0.34Expired $34.00
12/22/2008GEInterim TradeSTO 1 Feb09 18.00 Call @ 0.48Expired $48.00
1/26/2009GEDividend ReceivedDIV 100 Dividend @ 0.31  $31.00
2/24/2009GEInterim TradeSTO 1 Apr09 11.00 Call @ 0.51Closed $51.00
4/17/2009GEBuy Back and Roll OutBTC 1 Apr09 11.00 Call @ -1.58  ($158.00)
4/17/2009GEInterim TradeSTO 1 May09 11.00 Call @ 1.87Closed $187.00
4/27/2009GEDividend ReceivedDIV 100 Dividend @ 0.31  $31.00
5/4/2009GEBuy Back and Roll OutBTC 1 May09 11.00 Call @ -2.15  ($215.00)
5/4/2009GEInterim TradeSTO 1 Jun09 11.00 Call @ 2.40Closed $240.00
6/16/2009GEBuy Back and Roll OutBTC 1 Jun09 11.00 Call @ -1.97  ($197.00)
6/16/2009GEInterim TradeSTO 1 Sep09 11.00 Call @ 2.46Exercised $246.00
7/27/2009GEDividend ReceivedDIV 100 Dividend @ 0.10  $10.00
9/16/2009GEOption ExercisedEX 1 Sep09 11.00 Call @ 11.00 $1,100.00 
9/18/2009GECSP Margin UsedCSP 100 GE @ 15.00 ($1,500.00) 
9/18/2009GENew Cost Basis$2,901.00 100 @ 29.01   
9/18/2009GEContinued TradeSTO 1 Oct09 15.00 Put @ 0.31Expired $31.00
10/16/2009GECSP Margin ReturnedCSP 100 GE @ -15.00 $1,500.00 
10/20/2009GECSP Margin UsedCSP 100 GE @ 15.00 ($1,500.00) 
10/20/2009GEContinued TradeSTO 1 Nov09 15.00 Put @ 0.32Expired $32.00
11/20/2009GECSP Margin ReturnedCSP 100 GE @ -15.00 $1,500.00 
11/24/2009GECSP Margin UsedCSP 100 GE @ 16.00 ($1,600.00) 
11/24/2009GENew Cost Basis$3,001.00 100 @ 30.01   
11/24/2009GEContinued TradeSTO 1 Dec09 16.00 Put @ 0.38  $38.00
12/18/2009GECSP Margin ReturnedCSP 100 GE @ -16.00 $1,600.00 
12/18/2009GEOption ExercisedEX 1 Dec09 16.00 Put @ -16.00 ($1,600.00) 
12/21/2009GEContinued TradeSTO 1 Jan10 16.00 Call @ 0.19Exercised $19.00
1/15/2010GEOption ExercisedEX 1 Jan10 16.00 Call @ 16.00 $1,600.00 
1/25/2010GEDividend ReceivedDIV 100 Dividend @ 0.10  $10.00
1/27/2010GECSP Margin UsedCSP 100 GE @ 16.00 ($1,600.00) 
1/27/2010GEContinued TradeSTO 1 Feb10 16.00 Put @ 0.39  $39.00
2/19/2010GE Totals ($3,001.00)$656.00
DTE514 Percent Income/Annualized 21.86%15.52%

SYK - Adjustment




The following adjustment was made today on Stryker Corp (SYK). All prices include IB commissions.








DateStockDescriptionTransactionStatusStock InvestmentIncome Generated
1/15/2010SYKCSP Margin ReturnedCSP 100 SYK @ -50.00 $5,000.00 
1/27/2010SYKCSP Margin UsedCSP 100 SYK @ 50.00 ($5,000.00) 
1/27/2010SYKContinued TradeSTO 1 Feb10 50.00 Put @ 0.39  $39.45


Current Position Summary












Stock Investment$5,000.00
Income Generated$339.65
Percent Income Generated6.79%
Annualized Income Generated20.66%
Net Profit If Assigned$339.65
Percent Return If Assigned6.79%
Annualized Return If Assigned20.66%
Days Held to Expiration120 days


Trade History



















DateStockDescriptionTransactionStatusStock InvestmentIncome Generated
10/22/2009SYKCSP Margin UsedCSP 100 SYK @ 49.00 ($4,900.00) 
10/22/2009SYKInitial Put OptionSTO 1 Nov09 49.00 Put @ 1.16Exercised $115.70
11/20/2009SYKCSP Margin ReturnedCSP 100 SYK @ -49.00 $4,900.00 
11/20/2009SYKOption ExercisedEX 1 Nov09 49.00 Put @ -49.00 ($4,900.00) 
11/23/2009SYKContinued TradeSTO 1 Dec09 49.00 Call @ 1.34Exercised $133.75
12/18/2009SYKOption ExercisedEX 1 Dec09 49.00 Call @ 49.00 $4,900.00 
12/28/2009SYKCSP Margin UsedCSP 100 SYK @ 50.00 ($5,000.00) 
12/28/2009SYKNew Cost Basis$5,000.00 100 @ 50.00Expired  
12/28/2009SYKContinued TradeSTO 1 Jan10 50.00 Put @ 0.51  $50.75
1/15/2010SYKCSP Margin ReturnedCSP 100 SYK @ -50.00 $5,000.00 
1/27/2010SYKCSP Margin UsedCSP 100 SYK @ 50.00 ($5,000.00) 
1/27/2010SYKContinued TradeSTO 1 Feb10 50.00 Put @ 0.39  $39.45
2/19/2010SYK Totals ($5,000.00)$339.65
DTE120 Percent Income/Annualized 6.79%20.66%

CNI - Adjustment




The following adjustment was made today on Canadian National Railway (CNI). All prices include IB commissions.








DateStockDescriptionTransactionStatusStock InvestmentIncome Generated
1/15/2010CNICSP Margin ReturnedCSP 100 CNI @ -50.00 $5,000.00 
1/27/2010CNICSP Margin UsedCSP 100 CNI @ 50.00 ($5,000.00) 
1/27/2010CNIContinued TradeSTO 1 Feb10 50.00 Put @ 0.55  $55.45


Current Position Summary












CSP Margin Used$6,201.00
Income Generated$1,367.72
Percent Income Generated22.06%
Annualized Income Generated15.66%
Net Profit If Expired$166.72
Percent Return If Expired2.69%
Annualized Return If Expired1.91%
Days Held to Expiration514 days


Trade History












































DateStockDescriptionTransactionStatusStock InvestmentIncome Generated
9/23/2008CNIInitial Stock PositionBTO 100 CNI @ 52.01Called($5,201.00) 
9/23/2008CNIInitial Call OptionSTO 1 Oct08 50.00 Call @ 3.19Expired $319.00
9/30/2008CNIDividend ReceivedDIV 100 Dividend @ 0.22  $21.67
9/30/2008CNIWithholding TaxTAX 1 CA Tax @ -0.03  ($3.25)
10/20/2008CNIInterim TradeSTO 1 Nov08 45.00 Call @ 1.04Expired $104.00
11/24/2008CNIInterim TradeSTO 1 Dec08 40.00 Call @ 0.46Expired $46.00
12/22/2008CNIInterim TradeSTO 1 Jan09 40.00 Call @ 0.24Expired $24.00
12/31/2008CNIDividend ReceivedDIV 100 Dividend @ 0.19  $18.85
12/31/2008CNIWithholding TaxTAX 1 CA Tax @ -0.03  ($2.83)
1/23/2009CNIInterim TradeSTO 1 Feb09 35.00 Call @ 1.29Expired $129.00
2/24/2009CNIInterim TradeSTO 1 Mar09 35.00 Call @ 0.64Expired $64.00
3/24/2009CNIInterim TradeSTO 1 May09 40.00 Call @ 1.14Closed $114.00
3/31/2009CNIDividend ReceivedDIV 100 Dividend @ 0.20  $19.98
3/31/2009CNIWithholding TaxTAX 1 CA Tax @ -0.03  ($3.00)
5/4/2009CNIBuy Back and Roll OutBTC 1 May09 40.00 Call @ -3.66  ($366.00)
5/4/2009CNIInterim TradeSTO 1 Jun09 40.00 Call @ 4.49Closed $449.00
6/2/2009CNIBuy Back and Roll OutBTC 1 Jun09 40.00 Call @ -5.04  ($504.00)
6/2/2009CNIInterim TradeSTO 1 Jul09 40.00 Call @ 5.56Closed $556.00
6/30/2009CNIDividend ReceivedDIV 100 Dividend @ 0.22  $21.72
6/30/2009CNIWithholding TaxTAX 1 CA Tax @ -0.03  ($3.26)
7/17/2009CNIBuy Back and Roll OutBTC 1 Jul09 40.00 Call @ -3.64  ($364.00)
7/17/2009CNIInterim TradeSTO 1 Aug09 40.00 Call @ 4.43Closed $443.00
8/11/2009CNIBuy Back and Roll OutBTC 1 Aug09 40.00 Call @ -8.23  ($822.70)
8/11/2009CNIInterim TradeSTO 1 Sep09 40.00 Call @ 8.33Exercised $833.00
9/18/2009CNIOption ExercisedEX 1 Sep09 40.00 Call @ 40.00 $4,000.00 
9/22/2009CNICSP Margin UsedCSP 100 CNI @ 45.00 ($4,500.00) 
9/22/2009CNINew Cost Basis$5,701.00 100 @ 57.01   
9/22/2009CNIContinued TradeSTO 1 Nov09 45.00 Put @ 1.02Expired $102.30
9/30/2009CNIDividend ReceivedDIV 100 Dividend @ 0.24  $23.58
9/30/2009CNIWithholding TaxTAX 1 CA Tax @ -0.04  ($3.54)
11/20/2009CNICSP Margin ReturnedCSP 100 CNI @ -45.00 $4,500.00 
11/24/2009CNICSP Margin UsedCSP 100 CNI @ 50.00 ($5,000.00) 
11/24/2009CNINew Cost Basis$6,201.00 100 @ 62.01   
11/24/2009CNIContinued TradeSTO 1 Jan10 50.00 Put @ 0.96Expired $95.75
1/15/2010CNICSP Margin ReturnedCSP 100 CNI @ -50.00 $5,000.00 
1/27/2010CNICSP Margin UsedCSP 100 CNI @ 50.00 ($5,000.00) 
1/27/2010CNIContinued TradeSTO 1 Feb10 50.00 Put @ 0.55  $55.45
2/19/2010CNI Totals ($6,201.00)$1,367.72
DTE514 Percent Income/Annualized 22.06%15.66%

Friday, January 22, 2010

CTAS - New Position




A new position was established today on Cintas Corp (CTAS). All prices include IB commissions.







DateStockDescriptionTransactionStatusStock InvestmentIncome Generated
1/22/2010CTASCSP Margin UsedCSP 100 CTAS @ 25.00 ($2,500.00) 
1/22/2010CTASInitial Put OptionSTO 1 Feb10 25.00 Put @ 0.56  $56.45


Position Summary












CSP Margin Used$2,500.00
Income Generated$56.45
Percent Income Generated2.26%
Annualized Income Generated29.43%
Net Profit If Expired$56.45
Percent Return If Expired2.26%
Annualized Return If Expired29.43%
Days Held to Expiration28 days

BRK.B - New Position




A new position was established today on Berkshire Hathaway Class B (BRK.B). All prices include IB commissions.

Since Berkshire Hathaway Class B shares split 50-1 this week I decided to take this opportunity to add it to my portfolio. I've always wanted to own some Berkshire but it's always been too rich for my blood. Now it's affordable for everyone. There's also a possibility that Berkshire will be added to the S&P 500 Index once the Burlington Northern acquisition is complete. If that happens, there should be a lot of institutional investment as they add Berkshire to their portfolios which use the S&P 500 as their benchmark. This should result in an increase in the stock price. For that reason, I decided to enter a CC rather than a CSP so I can participate in any upside.







DateStockDescriptionTransactionStatusStock InvestmentIncome Generated
1/22/2010BRK.BFirst Stock PositionBTO 100 BRK.B @ 70.94 ($7,094.00) 
1/22/2010BRK.BInitial Call OptionSTO 1 Feb10 72.00 Call @ 1.59  $159.00


Position Summary












Stock Investment$7,094.00
Income Generated$159.00
Percent Income Generated2.24$%
Annualized Income Generated29.22%
Net Profit If Called$265.00
Percent Return If Called3.74%
Annualized Return If Called48.70%
Days Held to Expiration28 days

BDX - New Position




A new position was established today on Becton Dickinson and Company (BDX). All prices include IB commissions.







DateStockDescriptionTransactionStatusStock InvestmentIncome Generated
1/22/2010BDXCSP Margin UsedCSP 100 BDX @ 75.00 ($7,500.00) 
1/22/2010BDXInitial Put OptionSTO 1 Feb10 75.00 Put @ 1.34  $134.00


Position Summary












CSP Margin Used$7,500.00
Income Generated$134.00
Percent Income Generated1.79%
Annualized Income Generated23.29%
Net Profit If Expired$134.00
Percent Return If Expired1.79%
Annualized Return If Expired23.29%
Days Held to Expiration28 days

ABT - New Position




A new position was established today on Abbott Laboratories (ABT). All prices include IB commissions.







DateStockDescriptionTransactionStatusStock InvestmentIncome Generated
1/22/2010ABTCSP Margin UsedCSP 100 ABT @ 55.00 ($5,500.00) 
1/22/2010ABTInitial Put OptionSTO 1 Feb10 55.00 Put @ 1.00  $100.00


Position Summary












CSP Margin Used$5,500.00
Income Generated$100.00
Percent Income Generated1.82%
Annualized Income Generated23.70%
Net Profit If Expired$100.00
Percent Return If Expired1.82%
Annualized Return If Expired23.70%
Days Held to Expiration28 days

BBT - Adjustment




The following adjustment was made today on BB&T (BBT). All prices include IB commissions.









DateStockDescriptionTransactionStatusStock InvestmentIncome Generated
1/15/2010BBTCSP Margin ReturnedCSP 200 BBT @ -25.00 $5,000.00 
1/22/2010BBTCSP Margin UsedCSP 200 BBT @ 27.00 ($5,400.00) 
1/22/2010BBTNew Cost Basis$7,571.00 200 @ 37.86   
1/22/2010BBTContinued TradeSTO 2 Feb10 27.00 Put @ 0.44  $88.60


Current Position Summary












Stock Investment$7,571.00
Income Generated$2,278.60
Percent Income Generated30.10%
Annualized Income Generated16.20%
Net Profit If Assigned$107.60
Percent Return If Assigned1.42%
Annualized Return If Assigned0.77%
Days Held to Expiration678 days


Trade History














































DateStockDescriptionTransactionStatusStock InvestmentIncome Generated
3/25/2008BBTInitial Stock PositionBTO 100 BBT @ 35.26Called($3,526.00) 
3/25/2008BBTInitial Call OptionSTO 1 Apr08 35.00 Call @ 1.68Expired $168.00
4/23/2008BBTContinued TradeSTO 1 May08 35.00 Call @ 0.67Expired $67.00
5/1/2008BBTDividend ReceivedDIV 100 Dividend @ 0.46  $46.00
5/19/2008BBTContinued TradeSTO 1 Jun08 35.00 Call @ 1.47Expired $147.00
7/7/2008BBTInterim TradeSTO 1 Aug08 27.50 Call @ 0.35Closed $35.00
8/1/2008BBTDividend ReceivedDIV 100 Dividend @ 0.47  $47.00
8/11/2008BBTBuy Back and Roll Out/UpBTC 1 Aug08 27.50 Call @ -4.02  ($402.00)
8/11/2008BBTSecond Stock PositionBTO 100 BBT @ 31.45Called($3,145.00) 
8/11/2008BBTNew Cost Basis$6,671.00 200 @ 33.36   
8/11/2008BBTContinued TradeSTO 2 Dec08 32.50 Call @ 3.49Expired $698.00
11/3/2008BBTDividend ReceivedDIV 200 Dividend @ 0.47  $94.00
12/22/2008BBTContinued TradeSTO 2 Jan09 32.50 Call @ 0.19Expired $38.60
1/22/2009BBTInterim TradeSTO 2 Feb09 25.00 Call @ 0.54Expired $108.60
2/2/2009BBTDividend ReceivedDIV 200 Dividend @ 0.47  $94.00
2/24/2009BBTInterim TradeSTO 2 Mar09 20.00 Call @ 0.34Expired $68.60
3/24/2009BBTInterim TradeSTO 2 Apr09 22.50 Call @ 0.29Closed $58.60
4/17/2009BBTBuy Back and Roll OutBTC 2 Apr09 22.50 Call @ -1.31  ($261.40)
4/17/2009BBTInterim TradeSTO 2 Jun09 25.00 Call @ 2.40Expired $480.60
5/1/2009BBTDividend ReceivedDIV 200 Dividend @ 0.47  $94.00
6/24/2009BBTInterim TradeSTO 2 Jul09 24.00 Call @ 0.29Expired $58.60
7/23/2009BBTInterim TradeSTO 2 Aug09 22.00 Call @ 0.62Closed $124.60
8/3/2009BBTDividend ReceivedDIV 200 Dividend @ 0.15  $30.00
8/11/2009BBTBuy Back and Roll Out/UpBTC 2 Aug09 22.00 Call @ -3.10  ($619.40)
8/11/2009BBTInterim TradeSTO 2 Sep09 22.50 Call @ 3.00Exercised $600.60
9/18/2009BBTOption ExercisedEX 2 Sep09 22.50 Call @ 22.50 $4,500.00 
9/22/2009BBTCSP Margin UsedCSP 200 BBT @ 25.00 ($5,000.00) 
9/22/2009BBTNew Cost Basis$7,171.00 200 @ 35.86   
9/22/2009BBTContinued TradeSTO 2 Nov09 25.00 Put @ 0.68Exercised $136.00
11/20/2009BBTCSP Margin ReturnedCSP 200 BBT @ -25.00 $5,000.00 
11/20/2009BBTOption ExercisedEX 2 Nov09 25.00 Put @ -25.00 ($5,000.00) 
11/23/2009BBTContinued TradeSTO 2 Dec09 25.00 Call @ 0.92Exercised $183.00
12/18/2009BBTOption ExercisedEX 2 Dec09 25.00 Call @ 25.00 $5,000.00 
12/28/2009BBTCSP Margin UsedCSP 200 BBT @ 25.00 ($5,000.00) 
12/28/2009BBTContinued TradeSTO 2 Jan10 25.00 Put @ 0.48Expired $95.00
1/15/2010BBTCSP Margin ReturnedCSP 200 BBT @ -25.00 $5,000.00 
1/22/2010BBTCSP Margin UsedCSP 200 BBT @ 27.00 ($5,400.00) 
1/22/2010BBTNew Cost Basis$7,571.00 200 @ 37.86   
1/22/2010BBTContinued TradeSTO 2 Feb10 27.00 Put @ 0.44  $88.60
2/1/2010BBT Totals ($7,171.00)$2,190.00
DTE678 Percent Income/Annualized 30.54%16.44%

AXP - Adjustment




The following adjustment was made today on American Express (AXP). All prices include IB commissions.









DateStockDescriptionTransactionStatusStock InvestmentIncome Generated
1/15/2010AXPCSP Margin ReturnedCSP 200 AXP @ -40.00 $8,000.00 
1/22/2010AXPCSP Margin UsedCSP 200 AXP @ 39.00 ($7,800.00) 
1/22/2010AXPNew Cost Basis$13,800.00 200 @ 69.00   
1/22/2010AXPContinued TradeSTO 2 Feb10 39.00 Put @ 0.84  $168.60


Current Position Summary












CSP Margin Used$13,800.00
Income Generated$3,268.60
Percent Income Generated23.69%
Annualized Income Generated10.62%
Net Profit If Assigned-$2,731.40
Percent Return If Assigned-19.79%
Annualized Return If Assigned-8.88%
Days Held to Expiration814 days


Trade History































































DateStockDescriptionTransactionStatusStock InvestmentIncome Generated
11/28/2007AXPInitial Stock PositionBTO 100 AXP @ 56.74Called($5,674.00) 
11/28/2007AXPInitial Call OptionSTO 1 Dec07 55.00 Call @ 3.21Expired $321.00
1/7/2008AXPContinued TradeSTO 1 Feb08 55.00 Call @ 0.69Expired $69.00
2/8/2008AXPDividend ReceivedDIV 100 Dividend @ 0.18  $18.00
2/21/2008AXPInterim TradeSTO 1 Apr08 50.00 Call @ 0.89Expired $89.00
4/25/2008AXPInterim TradeSTO 1 May08 50.00 Call @ 0.30Expired $30.00
5/9/2008AXPDividend ReceivedDIV 100 Dividend @ 0.18  $18.00
5/19/2008AXPInterim TradeSTO 1 Jul08 50.00 Call @ 2.65Expired $265.00
7/23/2008AXPInterim TradeSTO 1 Aug08 42.50 Call @ 0.60Expired $60.00
8/8/2008AXPDividend ReceivedDIV 100 Dividend @ 0.18  $18.00
8/22/2008AXPInterim TradeSTO 1 Sep08 42.50 Call @ 0.28Closed $28.00
9/12/2008AXPBuy Back & Roll OutBTC 1 Sep08 42.50 Call @ -0.16  ($16.00)
9/12/2008AXPInterim TradeSTO 1 Oct08 42.50 Call @ 0.79Expired $79.00
9/23/2008AXPSecond Stock PositionBTO 100 AXP @ 37.26Called($3,726.00) 
9/23/2008AXPNew Cost Basis$9,400.00 200 @ 47.00   
9/23/2008AXPInitial Call OptionSTO 1 Oct08 35.00 Call @ 3.67Expired $367.00
10/20/2008AXPInterim TradeSTO 2 Nov08 27.50 Call @ 1.22Expired $244.60
11/10/2008AXPDividend ReceivedDIV 200 Dividend @ 0.18  $36.00
11/24/2008AXPInterim TradeSTO 2 Dec08 25.00 Call @ 0.54Expired $108.60
12/22/2008AXPInterim TradeSTO 2 Jan09 22.50 Call @ 0.31Expired $61.20
1/27/2009AXPInterim TradeSTO 2 Feb09 17.50 Call @ 0.66Expired $131.20
2/10/2009AXPDividend ReceivedDIV 200 Dividend @ 0.18  $36.00
2/24/2009AXPInterim TradeSTO 2 Mar09 15.00 Call @ 0.34Expired $68.60
3/24/2009AXPInterim TradeSTO 2 May09 17.50 Call @ 0.84Closed $168.60
5/4/2009AXPBuy Back and Roll OutBTC 2 May09 17.50 Call @ -8.90  ($1,779.40)
5/4/2009AXPInterim TradeSTO 2 Jun09 17.00 Call @ 9.49Exercised $1,898.60
5/8/2009AXPDividend ReceivedDIV 200 Dividend @ 0.18  $36.00
6/19/2009AXPOption ExercisedEX 2 Jun09 17.00 Call @ 17.00 $3,400.00 
6/19/2009AXPCSP Margin UsedCSP 200 AXP @ 21.00Closed($4,200.00) 
6/19/2009AXPNew Cost Basis$10,200.00 200 @ 51.00   
6/19/2009AXPInitial Put PositionSTO 2 Jul09 21.00 Put @ 0.29Closed $58.60
7/17/2009AXPBuy Back and Roll Out/UpBTC 2 Jul09 21.00 Put @ -0.06  ($11.00)
7/17/2009AXPCSP Margin ReturnedCSP 200 AXP @ -21.00 $4,200.00 
7/17/2009AXPCSP Margin UsedCSP 200 AXP @ 25.00 ($5,000.00) 
7/17/2009AXPNew Cost Basis$11,000.00 200 @ 55.00   
7/17/2009AXPContinued TradeSTO 2 Aug09 25.00 Put @ 0.70Expired $140.60
8/21/2009AXPCSP Margin ReturnedCSP 200 AXP @ -25.00 $5,000.00 
9/2/2009AXPCSP Margin UsedCSP 200 AXP @ 29.00 ($5,800.00) 
9/2/2009AXPNew Cost Basis$11,800.00 200 @ 59.00   
9/2/2009AXPContinued TradeSTO 2 Oct09 29.00 Put @ 1.08Expired $216.00
10/16/2009AXPCSP Margin ReturnedCSP 200 AXP @ -29.00 $5,800.00 
10/23/2009AXPCSP Margin UsedCSP 200 AXP @ 33.00 ($6,600.00) 
10/23/2009AXPNew Cost Basis$12,600.00 200 @ 63.00   
10/23/2009AXPContinued TradeSTO 2 Nov09 33.00 Put @ 0.50Expired $100.60
11/20/2009AXPCSP Margin ReturnedCSP 200 AXP @ -33.00 $6,600.00 
11/24/2009AXPCSP Margin UsedCSP 200 AXP @ 39.00 ($7,800.00) 
11/24/2009AXPNew Cost Basis$13,800.00 200 @ 69.00   
11/24/2009AXPContinued TradeSTO 2 Dec09 39.00 Put @ 0.52Expired $104.60
12/18/2009AXPCSP Margin ReturnedCSP 200 AXP @ -39.00 $7,800.00 
12/28/2009AXPCSP Margin UsedCSP 200 AXP @ 40.00 ($8,000.00) 
12/28/2009AXPNew Cost Basis$14,000.00 200 @ 70.00   
12/28/2009AXPContinued TradeSTO 2 Jan10 40.00 Put @ 0.67Expired $134.60
1/15/2010AXPCSP Margin ReturnedCSP 200 AXP @ -40.00 $8,000.00 
1/22/2010AXPCSP Margin UsedCSP 200 AXP @ 39.00 ($7,800.00) 
1/22/2010AXPNew Cost Basis$13,800.00 200 @ 69.00   
1/22/2010AXPContinued TradeSTO 2 Feb10 39.00 Put @ 0.84  $168.60
2/19/2010AXP Totals ($13,800.00)$3,268.60
DTE814 Percent Income/Annualized 23.69%10.62%

Thursday, January 21, 2010

TLT-TBT Pair - Adjustment




The following adjustment was made today on the iShares 20+ Year Treasury (TLT) and ProShares UltraShort 20+ Year Treasury (TBT) pair trade . All prices include IB commissions.











DateStockDescriptionTransactionStatusStock InvestmentIncome Generated
1/15/2010TBTCSP Margin ReturnedCSP 100 TBT @ -44.00 $4,400.00 
1/15/2010TLTCSP Margin ReturnedCSP 100 TLT @ -93.00 $9,300.00 
1/15/2010TLTOption ExercisedEX 1 Jan10 93.00 Put @ -93.00 ($9,300.00) 
1/21/2010TBTCSP Margin UsedCSP 100 TBT @ 45.00 ($4,500.00) 
1/21/2010TBTContinued TradeSTO 1 Mar10 45.00 Put @ 0.73  $72.65
1/21/2010TLTContinued TradeSTO 1 Mar10 94.00 Call @ 0.65  $64.85


Current Position Summary









CSP Margin Used$13,800.00
Income Generated$605.25
Percent Income Generated4.39%
Annualized Income Generated9.15%
Days Held to Expiration175 days


Trade History
























DateStockDescriptionTransactionStatusStock InvestmentIncome Generated
9/25/2009TBTCSP Margin UsedCSP 100 TBT @ 43.00 ($4,300.00) 
9/25/2009TBTInitial Put OptionSTO 1 Nov09 43.00 Put @ 1.24Expired $124.00
9/25/2009TLTCSP Margin UsedCSP 100 TLT @ 94.00 ($9,400.00) 
9/25/2009TLTInitial Put OptionSTO 1 Nov09 94.00 Put @ 1.19Expired $119.00
11/20/2009TBTCSP Margin ReturnedCSP 100 TBT @ -43.00 $4,300.00 
11/20/2009TLTCSP Margin ReturnedCSP 100 TLT @ -94.00 $9,400.00 
11/23/2009TBTCSP Margin UsedCSP 100 TBT @ 44.00 ($4,400.00) 
11/23/2009TBTNew Cost Basis$4,400.00 100 @ 44.00   
11/23/2009TBTContinued TradeSTO 1 Jan10 44.00 Put @ 0.90Expired $90.00
11/23/2009TLTCSP Margin UsedCSP 100 TLT @ 93.00 ($9,300.00) 
11/23/2009TLTContinued TradeSTO 1 Jan10 93.00 Put @ 1.35Exercised $134.75
1/15/2010TBTCSP Margin ReturnedCSP 100 TBT @ -44.00 $4,400.00 
1/15/2010TLTCSP Margin ReturnedCSP 100 TLT @ -93.00 $9,300.00 
1/15/2010TLTOption ExercisedEX 1 Jan10 93.00 Put @ -93.00 ($9,300.00) 
1/21/2010TBTCSP Margin UsedCSP 100 TBT @ 45.00 ($4,500.00) 
1/21/2010TBTContinued TradeSTO 1 Mar10 45.00 Put @ 0.73  $72.65
1/21/2010TLTContinued TradeSTO 1 Mar10 94.00 Call @ 0.65  $64.85
3/19/2010TLT-TBT Totals ($13,800.00)$605.25
DTE175 Percent Income/Annualized 4.39%9.15%

VMC - Adjustment




The following adjustment was made today on Vulcan Materials (VMC). All prices include IB commissions.









DateStockDescriptionTransactionStatusStock InvestmentIncome Generated
1/15/2010VMCOption ExercisedEX 2 Jan10 50.00 Call @ 50.00 $10,000.00 
1/21/2010VMCCSP Margin UsedCSP 200 VMC @ 45.00 ($9,000.00) 
1/21/2010VMCNew Cost Basis$15,003.00 200 @ 75.02   
1/21/2010VMCContinued TradeSTO 2 Feb10 45.00 Put @ 0.64  $128.60


Current Position Summary












Cost Basis$15,005.00
Income Generated$3,520.60
Percent Income Generated23.46%
Annualized Income Generated13.36%
Net Profit If Assigned-$2,484.40
Percent Return If Assigned-16.56%
Annualized Return If Assigned-9.43%
Days Held to Expiration641 days


Trade History












































DateStockDescriptionTransactionStatusStock InvestmentIncome Generated
5/19/2008VMCInitial Stock PositionBTO 100 VMC @ 83.94Called($8,394.00) 
5/19/2008VMCInitial Call OptionSTO 1 Jun08 85.00 Call @ 3.09Expired $309.00
6/10/2008VMCDividend ReceivedDIV 100 Dividend @ 0.49  $49.00
7/7/2008VMCInterim TradeSTO 1 Aug08 65.00 Call @ 0.85Closed $85.00
8/13/2008VMCBuy Back and Roll Out/UpBTC 1 Aug08 65.00 Call @ -4.50  ($450.00)
8/13/2008VMCInterim TradeSTO 1 Nov08 70.00 Call @ 6.80Expired $680.00
9/10/2008VMCDividend ReceivedDIV 100 Dividend @ 0.49  $49.00
11/24/2008VMCInterim TradeSTO 1 Dec08 55.00 Call @ 0.99Closed $99.00
12/9/2008VMCBuy Back and Roll Out/UpBTC 1 Dec08 55.00 Call @ -21.41  ($2,141.00)
12/9/2008VMCSecond Stock PositionBTO 100 VMC @ 76.11Called($7,611.00) 
12/9/2008VMCNew Cost Basis$16,005.00 200 @ 80.03   
12/9/2008VMCInterim TradeSTO 2 May09 80.00 Call @ 10.31Closed $2,062.60
12/10/2008VMCDividend ReceivedDIV 100 Dividend @ 0.49  $49.00
2/12/2009VMCBuy Back and Roll In/DownBTC 2 May09 80.00 Call @ -0.14  ($28.80)
2/12/2009VMCInterim TradeSTO 2 Mar09 55.00 Call @ 0.54Expired $108.60
3/10/2009VMCDividend ReceivedDIV 200 Dividend @ 0.49  $98.00
3/24/2009VMCInterim TradeSTO 2 May09 45.00 Call @ 2.21Closed $441.20
5/4/2009VMCBuy Back and Roll OutBTC 2 May09 45.00 Call @ -5.80  ($1,159.40)
5/4/2009VMCInterim TradeSTO 2 Jun09 45.00 Call @ 6.50Expired $1,300.60
6/10/2009VMCDividend ReceivedDIV 200 Dividend @ 0.49  $98.00
6/24/2009VMCInterim TradeSTO 2 Jul09 50.00 Call @ 0.35Expired $70.60
7/23/2009VMCInterim TradeSTO 2 Aug09 50.00 Call @ 0.84Closed $168.60
8/11/2009VMCBuy Back and Roll OutBTC 2 Aug09 50.00 Call @ -0.90  ($179.40)
8/11/2009VMCInterim TradeSTO 2 Sep09 50.00 Call @ 1.84Exercised $368.60
9/10/2009VMCDividend ReceivedDIV 200 Dividend @ 0.25  $50.00
9/18/2009VMCOption ExercisedEX 2 Sep09 50.00 Call @ 50.00 $10,000.00 
9/22/2009VMCCSP Margin UsedCSP 200 VMC @ 50.00 ($10,000.00) 
9/22/2009VMCContinued TradeSTO 2 Nov09 50.00 Put @ 1.75Exercised $350.60
11/20/2009VMCCSP Margin ReturnedCSP 200 VMC @ -50.00 $10,000.00 
11/20/2009VMCOption ExercisedEX 2 Nov09 50.00 Put @ -50.00 ($10,000.00) 
11/23/2009VMCContinued TradeSTO 2 Dec09 50.00 Call @ 2.05Expired $410.60
12/10/2009VMCDividend ReceivedDIV 200 Dividend @ 0.25  $50.00
12/21/2009VMCContinued TradeSTO 2 Jan10 50.00 Call @ 2.26Exercised $452.60
1/15/2010VMCOption ExercisedEX 2 Jan10 50.00 Call @ 50.00 $10,000.00 
1/21/2010VMCCSP Margin UsedCSP 200 VMC @ 45.00 ($9,000.00) 
1/21/2010VMCNew Cost Basis$15,003.00 200 @ 75.02   
1/21/2010VMCContinued TradeSTO 2 Feb10 45.00 Put @ 0.64  $128.60
2/19/2010VMC Totals ($15,005.00)$3,520.60
DTE641 Percent Income/Annualized 23.46%13.36%