MHP - New Position

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

19-May-08 - Initial Stock Position - BTO 100 MHP @ 45.27
19-May-08 - Initial Call Option - STO 1 Jun08 45.00 Call @ 1.64
11-Jun-08 - Dividend Received - DIV 100 Dividend @ 0.22

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

Stock Investment: $4,527.00
Income Generated: $164.00
Percent Income Generated: 3.62%
Annualized Income Generated: 330.57%
Net Profit If Called: $137.00
Percent Return If Called: 3.03%
Annualized Return If Called: 276.15%
Days Held to Ex-Dividend Date: 4 days

Summary with the dividend if called at option expiration:

Stock Investment: $4,527.00
Income Generated: $186.00
Percent Income Generated: 4.11%
Annualized Income Generated: 46.86%
Net Profit If Called: $159.00
Percent Return If Called: 3.51%
Annualized Return If Called: 40.06%
Days Held to Expiration: 32 days

Dividend Information:

Ex-Dividend Date: 05/23/08
Dividend Pay Date: 06/11/08
Dividend Rate: $0.88
Dividend Yield: 1.94%