BBT - New Position

A new dividend position was established today on BBT. The following is the trade information, including IB commissions:

25-Mar-08 - Initial Stock Position - BTO 100 BBT @ 35.26
25-Mar-08 - Initial Call Option - STO 1 Apr08 35.00 Call @ 1.68
01-May-08 - Dividend Received - DIV 100 Dividend @ 0.46

Summary without the dividend if called early on Ex-Dividend date:

Stock Investment: $3,526.00
Income Generated: $168.00
Percent Income Generated: 4.76%
Annualized Income Generated: 108.69%
Net Profit If Called: $142.00
Percent Return If Called: 4.03%
Annualized Return If Called: 91.87%
Days Held: 16 days

Summary with the dividend if called at option expiration:

Stock Investment: $3,526.00
Income Generated: $214.00
Percent Income Generated: 6.07%
Annualized Income Generated: 92.30%
Net Profit If Called: $188.00
Percent Return If Called: 5.33%
Annualized Return If Called: 81.09%
Days Held to Expiration: 24 days

Dividend Information:

Ex-Dividend Date: 04/10/08
Dividend Pay Date: 05/01/08
Dividend Rate: $1.84
Dividend Yield: 5.20%