Monday, March 22, 2010

BRK.B - Closed




The Berkshire Hathaway Class B (BRK.B) CSP position expired on Fri and I decided to close the position since the option premiums at the 76.00 strike no longer meet my requirements. All prices include IB commissions.

Position Summary





Cost Basis$7,494.00
Net Profit$339.99
Percent Return4.54%
Annualized Return29.57%
Days Held to Expiration56 days


Trade History














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 @ 1.59Exercised $159.00
2/19/2010BRK.BOption ExercisedEX 1 Feb10 72.00 Call @ 72.00 $7,200.00 
2/22/2010BRK.BCSP Margin UsedCSP 100 BRK.B @ 76.00 ($7,600.00) 
2/22/2010BRK.BNew Cost Basis$7,493.00 100 @ 74.93   
2/22/2010BRK.BContinued TradeSTO 1 Mar10 76.00 Put @ 0.75Expired $74.99
3/19/2010BRK-BCSP Margin ReturnedCSP 100 BRK-B @ -76.00  $7,600.00
3/19/2010BRK.B Net Cost/Profit-Loss ($7,494.00)$339.99
DTE56 Percent Profit-Loss/Annualized 4.54%29.57%