Monday, August 2, 2010

LLTC - Closed




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 Return8.83%
Annualized Return44.16%
Days Held to Expiration73 days


Trade History











DateStockDescriptionTransactionStatusStock InvestmentIncome Generated
5/21/2010LLTCCSP Margin UsedCSP 200 LLTC @ 28.00 ($5,600.00) 
5/21/2010LLTCInitial Put OptionSTO 2 Aug10 28.00 Put @ 2.61  $522.87
8/2/2010LLTCBuy BackBTC 2 Aug10 28.00 Put @ -0.14  ($28.23)
8/2/2010LLTCCSP Margin ReturnedCSP 200 LLTC @ -28.00  $5,600.00
8/2/2010LLTC Net Cost/Profit-Loss ($5,600.00)$494.64
DTE73 Percent Profit-Loss/Annualized 8.83%44.16%