The Linear Technology Corp (LLTC) position was closed today. All prices include IB commissions.
Linear Technology Corp was near fair value so, as per my trading plan, I decided to close it and look for a new opportunity.
Position Summary
| Cost Basis | $5,600.00 |
| Net Profit | $494.64 |
| Percent Return | 8.83% |
| Annualized Return | 44.16% |
| Days Held to Expiration | 73 days |
Trade History
| Date | Stock | Description | Transaction | Status | Stock Investment | Income Generated |
|---|---|---|---|---|---|---|
| 5/21/2010 | LLTC | CSP Margin Used | CSP 200 LLTC @ 28.00 | ($5,600.00) | ||
| 5/21/2010 | LLTC | Initial Put Option | STO 2 Aug10 28.00 Put @ 2.61 | $522.87 | ||
| 8/2/2010 | LLTC | Buy Back | BTC 2 Aug10 28.00 Put @ -0.14 | ($28.23) | ||
| 8/2/2010 | LLTC | CSP Margin Returned | CSP 200 LLTC @ -28.00 | $5,600.00 | ||
| 8/2/2010 | LLTC | Net Cost/Profit-Loss | ($5,600.00) | $494.64 | ||
| DTE | 73 | Percent Profit-Loss/Annualized | 8.83% | 44.16% |
