Thursday, January 21, 2010

BAC - Adjustment




The following adjustment was made today on Bank of America (BAC). All prices include IB commissions.









DateStockDescriptionTransactionStatusStock InvestmentIncome Generated
1/15/2010BACOption ExercisedEX 1 Jan10 16.00 Call @ 16.00 $1,600.00 
1/21/2010BACCSP Margin UsedCSP 100 BAC @ 15.00 ($1,500.00) 
1/21/2010BACNew Cost Basis$3,572.00 100 @ 35.72   
1/21/2010BACContinued TradeSTO 1 Feb10 15.00 Put @ 0.41  $40.55


Current Position Summary












Cost Basis$3,572.00
Income Generated$830.65
Percent Income Generated23.25%
Annualized Income Generated16.55%
Net Profit If Assigned-$1,241.35
Percent Return If Assigned-34.75%
Annualized Return If Assigned-24.73%
Days Held to Expiration513 days


Trade History














































DateStockDescriptionTransactionStatusStock InvestmentIncome Generated
9/24/2008BACInitial Stock PositionBTO 100 BAC @ 33.72Called($3,372.00) 
9/24/2008BACInitial Call OptionSTO 1 Oct08 32.50 Call @ 3.21Expired $321.00
9/26/2008BACDividend ReceivedDIV 100 Dividend @ 0.64  $64.00
10/20/2008BACInterim TradeSTO 1 Nov08 27.50 Call @ 0.73Expired $73.00
11/24/2008BACInterim TradeSTO 1 Dec08 17.50Call @ 0.47Expired $47.00
12/22/2008BACInterim TradeSTO 1 Jan09 16.00 Call @ 0.47Expired $47.00
12/26/2008BACDividend ReceivedDIV 100 Dividend @ 0.32  $32.00
1/22/2009BACInterim TradeSTO 1 Mar09 9.00 Call @ 0.67Expired $67.00
3/24/2009BACInterim TradeSTO 1 Apr09 9.00 Call @ 0.60Closed $60.00
3/27/2009BACDividend ReceivedDIV 100 Dividend @ 0.01  $1.00
4/14/2009BACBuy Back and Roll Out/UpBTC 1 Apr09 9.00 Call @ -1.76  ($176.00)
4/14/2009BACInterim TradeSTO 1 May09 10.00 Call @ 2.05Closed $205.00
5/15/2009BACBuy Back and Roll Out/UpBTC 1 May09 10.00 Call @ -0.73  ($72.75)
5/15/2009BACInterim TradeSTO 1 Jun09 11.00 Call @ 1.15Closed $114.55
6/18/2009BACBuy Back and Roll OutBTC 1 Jun09 11.00 Call @ -1.88  ($188.00)
6/18/2009BACInterim TradeSTO 1 Jul09 11.00 Call @ 2.18Closed $218.00
6/26/2009BACDividend ReceivedDIV 100 Dividend @ 0.01  $1.00
7/17/2009BACBuy Back and Roll OutBTC 1 Jul09 11.00 Call @ -1.87  ($187.00)
7/17/2009BACInterim TradeSTO 1 Aug09 11.00 Call @ 2.09Closed $209.00
8/11/2009BACBuy Back and Roll OutBTC 1 Aug09 11.00 Call @ -4.96  ($496.00)
8/11/2009BACInterim TradeSTO 1 Sep09 13.00 Call @ 3.14Exercised $314.30
9/18/2009BACOption ExercisedEX 1 Sep09 13.00 Call @ 13.00 $1,300.00 
9/22/2009BACCSP Margin UsedCSP 100 BAC @ 16.00 ($1,600.00) 
9/22/2009BACNew Cost Basis$3,672.00 100 @ 36.72   
9/22/2009BACContinued TradeSTO 1 Oct09 16.00 Put @ 0.27Expired $27.00
9/25/2009BACDividend ReceivedDIV 200 Dividend @ 0.01  $2.00
10/16/2009BACCSP Margin ReturnedCSP 100 BAC @ -16.00 $1,600.00 
10/21/2009BACCSP Margin UsedCSP 100 BAC @ 16.00 ($1,600.00) 
10/21/2009BACContinued TradeSTO 1 Nov09 16.00 Put @ 0.31Expired $31.00
11/20/2009BACCSP Margin ReturnedCSP 100 BAC @ -16.00 $1,600.00 
11/24/2009BACCSP Margin UsedCSP 100 BAC @ 16.00 ($1,600.00) 
11/24/2009BACContinued TradeSTO 1 Dec09 16.00 Put @ 0.54Exercised $54.00
12/18/2009BACCSP Margin ReturnedCSP 100 BAC @ -16.00 $1,600.00 
12/18/2009BACOption ExercisedEX 1 Dec09 16.00 Put @ -16.00 ($1,600.00) 
12/21/2009BACContinued TradeSTO 1 Jan10 16.00 Call @ 0.22Exercised $22.00
1/15/2010BACOption ExercisedEX 1 Jan10 16.00 Call @ 16.00 $1,600.00 
1/21/2010BACCSP Margin UsedCSP 100 BAC @ 15.00 ($1,500.00) 
1/21/2010BACNew Cost Basis$3,572.00 100 @ 35.72   
1/21/2010BACContinued TradeSTO 1 Feb10 15.00 Put @ 0.41  $40.55
2/19/2010BAC Totals ($3,572.00)$830.65
DTE513 Percent Income/Annualized 23.25%16.55%