Monday, December 24, 2007

ESV - Closed

The ESV Dec07 55.00 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: $5,708.00
Income Generated: $688.50
Net Profit: $480.50
Percent Return: 8.42%
Annualized Return: 36.15%
Duration of Trade: 85 days

Buy & Hold Comparison

Opening Price: $57.08
Closing Price: $57.74
P/L per Share: $0.66
Shares: 100
Dividends: $0.03
Net Profit: $69.00
Percent Return: 1.20%
Annualized Return: 5.15%
Duration of Trade: 85 days

Trade History:

27-Sep-07 - Initial Stock Position - BTO 100 ESV @ 57.08 -
27-Sep-07 - Initial Call Option - STO 1 Oct07 55.00 Call @ 3.09 - Expired
26-Oct-07 - Continued Trade - STO 1 Nov07 55.00 Call @ 2.34 - Expired
20-Nov-07 - Continued Trade - STO 1 Dec07 55.00 Call @ 1.43 - Exercised
21-Dec-07 - Dividend Received - DIV 100 Dividend @ 0.03 -
21-Dec-07 - Option Exercised - EX 1 Dec07 55.00 Call @ 55.00 -