Saturday, June 16, 2007

UPL - Closed

The UPL Jun07 50.00 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: $5,056.00
Income Generated: $545.00
Net Profit: $489.00
Percent Return: 9.67%
Annualized Return: 25.04%
Duration of Trade: 141 days

Buy & Hold Comparison

Opening Price: $50.56
Closing Price: $57.70
P/L per Share: $7.14
Shares: 100
Dividends: $0.00
Net Profit: $714.00
Percent Return: 14.12%
Annualized Return: 36.56%
Duration of Trade: 141 days

Trade History:

25-Jan-07 - Initial Stock Position - BTO 100 UPL @ 50.56 -
25-Jan-07 - Initial Call Option - STO 1 Jun07 50.00 Call @ 5.45 - Exercised
15-Jun-07 - Option Exercised - EX 1 Jun07 50.00 Call @ 50.00 -