UTX - New Position

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

02-May-08 - Initial Stock Position - BTO 100 UTX @ 75.24
02-May-08 - Initial Call Option - STO 1 Jun08 75.00 Call @ 2.37
10-Jun-08 - Dividend Received - DIV 100 Dividend @ 0.32

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

Stock Investment: $7,524.00
Income Generated: $237.00
Percent Income Generated: 3.15%
Annualized Income Generated: 95.81%
Net Profit If Called: $213.00
Percent Return If Called: 2.83%
Annualized Return If Called: 86.11%
Days Held to Ex-Dividend Date: 12 days

Summary with the dividend if called at option expiration:

Stock Investment: $7,524.00
Income Generated: $269.00
Percent Income Generated: 3.58%
Annualized Income Generated: 26.63%
Net Profit If Called: $245.00
Percent Return If Called: 3.26%
Annualized Return If Called: 24.26%
Days Held to Expiration: 49 days

Dividend Information:

Ex-Dividend Date: 05/14/08
Dividend Pay Date: 06/10/08
Dividend Rate: $1.28
Dividend Yield on Cost: 1.70%