Sunday, May 20, 2007

CHS - Closed Position

The CHS May07 20.00 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: $2,091.00
Income Generated: $239.00
Net Profit: $148.00
Percent Return: 7.08%
Annualized Return: 22.86%
Duration of Trade: 113 days

Buy & Hold Comparison

Opening Price: $20.91
Closing Price: $24.89
P/L per Share: $3.98
Shares: 100
Dividends: $0.00
Net Profit: $398.00
Percent Return: 19.03%
Annualized Return: 61.48%
Duration of Trade: 113 days

Trade History:

25-Jan-07 - Initial Stock Position - BTO 100 CHS @ 20.91 -
25-Jan-07 - Initial Call Option - STO 1 May07 20.00 Call @ 2.39 - Exercised
18-May-07 - Option Exercised - EX 1 May07 20.00 Call @ 20.00 -