Sunday, October 21, 2007

NKE - Closed

The NKE Oct07 57.50 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: $5,814.00
Income Generated: $170.00
Net Profit: $106.00
Percent Return: 1.82%
Annualized Return: 30.25%
Duration of Trade: 22 days

Buy & Hold Comparison

Opening Price: $58.14
Closing Price: $63.32
P/L per Share: $5.18
Shares: 100
Dividends: $0.00
Net Profit: $518.00
Percent Return: 8.91%
Annualized Return: 147.82%
Duration of Trade: 22 days

Trade History:

27-Sep-07 - Initial Stock Position - BTO 100 NKE @ 58.14 -
27-Sep-07 - Initial Call Option - STO 1 Oct07 57.50 Call @ 1.70 - Exercised
19-Oct-07 - Option Exercised - EX 1 Oct07 57.50 Call @ 57.50 -