Tuesday, November 20, 2007
KSS - Adjustment
The following adjustment was made today on KSS:
20-Nov-07 - Continued Trade - STO 1 Dec07 50.00 Call @ 1.74
I decided to sell the Dec 50 call instead of the Dec 55 since the time value was greater. Although the position would result is a small profit if called, I'll monitor this one like an interim trade and roll it out/up to avoid assigned if it should be ITM at expiration.
Current Position Summary:
Stock Investment: $5,690.00
Income Generated: $813.00
Percent Income Generated: 14.29%
Annualized Income Generated: 61.63%
Net Profit If Called: $123.00
Percent Return If Called: 2.16%
Annualized Return If Called: 9.28%
Days to Expiration: 85 days
Trade History:
27-Sep-07 - Initial Stock Position - BTO 100 KSS @ 56.90 -
27-Sep-07 - Initial Call Option - STO 1 Oct07 55.00 Call @ 3.20 - Expired
22-Oct-07 - Continued Trade - STO 1 Nov07 55.00 Call @ 3.19 - Expired
20-Nov-07 - Continued Trade - STO 1 Dec07 50.00 Call @ 1.74
20-Nov-07 - Continued Trade - STO 1 Dec07 50.00 Call @ 1.74
I decided to sell the Dec 50 call instead of the Dec 55 since the time value was greater. Although the position would result is a small profit if called, I'll monitor this one like an interim trade and roll it out/up to avoid assigned if it should be ITM at expiration.
Current Position Summary:
Stock Investment: $5,690.00
Income Generated: $813.00
Percent Income Generated: 14.29%
Annualized Income Generated: 61.63%
Net Profit If Called: $123.00
Percent Return If Called: 2.16%
Annualized Return If Called: 9.28%
Days to Expiration: 85 days
Trade History:
27-Sep-07 - Initial Stock Position - BTO 100 KSS @ 56.90 -
27-Sep-07 - Initial Call Option - STO 1 Oct07 55.00 Call @ 3.20 - Expired
22-Oct-07 - Continued Trade - STO 1 Nov07 55.00 Call @ 3.19 - Expired
20-Nov-07 - Continued Trade - STO 1 Dec07 50.00 Call @ 1.74
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Trades