STLD - Closed

The STLD Jan07 30 Call was exercised and the stock was called away for a profit. The following is the trade history and returns, including IB commissions.

Covered Call Results

Stock Investment: $6,353.00
Income Generated: $1,143.00
Net Profit: $790.00
Percent Return: 12.44%
Annualized Return: 16.81%
Duration of Trade: 270 days

Buy & Hold Comparison

Opening Price: $31.77
Closing Price: $33.38
P/L per Share: $1.59
Shares: 100
Dividends: $65.00
Net Profit: $224.00
Percent Return: 7.05%
Annualized Return: 9.53%
Duration of Trade: 270 days

Trade History:

24-Apr-06 - Initial Stock Position - BTO 100 STLD @ 63.53 - Split
24-Apr-06 - Initial Call Option - STO 1 Aug06 60.00 Call @ 8.39 - Expired
14-Jul-06 - Dividend Received - DIV 100 Dividend @ 0.20 -
28-Aug-06 - Continued Trade - STO 1 Jan07 60.00 Call @ 2.24 - Split
10-Oct-06 - Dividend Received - DIV 100 Dividend @ 0.30 -
24-Apr-06 - Split 2 for 1 - BTO 100 STLD @ -63.53 -
28-Aug-06 - Split 2 for 1 - STO 1 Jan07 60.00 Call @ -2.24 -
21-Nov-06 - Initial Stock Position - BTO 200 STLD @ 31.77 -
21-Nov-06 - Continued Trade - STO 2 Jan07 30.00 Call @ 1.12 - Exercised
15-Jan-07 - Dividend Received - DIV 200 Dividend @ 0.15 -
19-Jan-07 - Option Exercised - EX 2 Jan07 30.00 Call @ 30.00 -