Tuesday, July 24, 2007

EBAY - Closed

The EBAY Jul07 32.50 Call was exercised on Fri 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: $3,325.00
Income Generated: $379.00
Net Profit: $304.00
Percent Return: 9.14%
Annualized Return: 18.96%
Duration of Trade: 176 days

Buy & Hold Comparison

Opening Price: $33.25
Closing Price: $33.53
P/L per Share: $0.27
Shares: 100
Dividends: $0.00
Net Profit: $27.00
Percent Return: 0.81%
Annualized Return: 1.68%
Duration of Trade: 176 days

Trade History:

25-Jan-07 - Initial Stock Position - BTO 100 EBAY @ 33.25 -
25-Jan-07 - Initial Call Option - STO 1 Jul07 32.50 Call @ 3.79 - Exercised
20-Jul-07 - Option Exercised - EX 1 Jul07 32.50 Call @ 32.50 -