DIA-DXD - Adjustment

This is a followup on the DIA-DXD Paper Trade position. On Friday I bought back the DIA May08 131 Call and rolled out/up to the Jun08 133 Call, and I bought back the DXD May08 55 Call and rolled out/down to the Jun08 54 Call.

The following is the trade information, including IB commissions, using Friday's closing bid/ask prices:

DIA Position Trade History

12-Mar-08 - Initial Stock Position - BTO 100 DIA @ 121.41 -
12-Mar-08 - Initial Call Option - STO 1 Apr08 127.00 Call @ 1.16 - Closed
14-Apr-08 - Dividend Received - DIV 100 Dividend @ 0.30 -
18-Apr-08 - Buy Back & Roll Out/Up - BTC 1 Apr08 127.00 Call @ -1.09 -
18-Apr-08 - Continued Trade - STO 1 May08 131.00 Call @ 0.99 - Closed
12-May-08 - Dividend Received - DIV 100 Dividend @ 0.16 -
16-May-08 - Buy Back & Roll Out/Up - BTC 1 May08 131.00 Call @ -0.06 -
16-May-08 - Continued Trade - STO 1 Jun08 133.00 Call @ 0.82 -

Stock Investment: $12,141.00
Income Generated: $227.21
Percent Income Generated: 1.87%
Annualized Income Generated: 6.83%
Days Held to Expiration: 100 days

DXD Position Trade History

12-Mar-08 - Initial Stock Position - BTO 100 DXD @ 58.86 -
12-Mar-08 - Initial Call Option - STO 1 Apr08 63.00 Call @ 1.44 - Closed
31-Mar-08 - Dividend Received - DIV 100 Dividend @ 0.22 -
18-Apr-08 - Buy Back & Roll Out/Down - BTC 1 Apr08 63.00 Call @ -0.06 -
18-Apr-08 - Continued Trade - STO 1 May08 55.00 Call @ 0.79 - Closed
18-Apr-08 - Buy Back & Roll Out/Down - BTC 1 May08 55.00 Call @ -0.06 -
16-May-08 - Continued Trade - STO 1 Jun08 54.00 Call @ 0.64 -

Stock Investment: $5,866.00
Income Generated: $297.27
Percent Income Generated: 5.05%
Annualized Income Generated: 18.43%
Days Held to Expiration: 100 days

Combined Position

Stock Investment: $18,027.00
Income Generated: $524.48
Percent Income Generated: 2.91%
Annualized Income Generated: 10.62%
Days Held to Expiration: 100 days

Position Summary if Closed on Friday

Starting Capital: $18,027.00
Market Value: $18,348.48
Total P/L: $321.48
Percent Return: 1.78%
Annualized Return: 10.01%
Days Held: 65 days

Buy & Hold Comparison if Closed on Friday

DIA Purchase Price: $121.41
DIA Current Price: $129.59
P/L on DIA: $818.00
Dividends: $45.21
Total P/L on DIA: $863.21

DXD Purchase Price: $58.86
DXD Current Price: $50.11
P/L on DXD: -$875.00
Dividends: $22.27
Total P/L on DXD: -$852.73

Combined Purchase Price: $180.27
Combined Current Price: $179.70
Combined P/L: -$57.00
Combined Dividends: $67.48
Combined Total P/L: $10.48
Combined Percent Return: 0.06%
Combined Annualized Return: 0.32%
Combined Days Held: 65 days