Monday, June 23, 2008

FII - Closed

The FII Jun08 35.00 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: $3,453.00
Income Generated: $178.00
Net Profit: $126.00
Percent Return: 2.78%
Annualized Return: 4.81%
Duration of Trade: 211 days

Buy & Hold Comparison

Opening Price: $45.36
Closing Price: $40.55
P/L per Share: -$4.81
Shares: 100
Dividends: $0.00
Net Profit: $225.00
Percent Return: 6.52%
Annualized Return: 47.57%
Duration of Trade: 50 days

Trade History:

01-May-08 - Initial Stock Position - BTO 100 FII @ 34.53 -
01-May-08 - Initial Call Option - STO 1 Jun08 35.00 Call @ 1.54 -
15-May-08 - Dividend Received - DIV 100 Dividend @ 0.24 -
20-Jun-08 - Option Exercised - EX 1 Jun08 35.00 Call @ 35.00 - Exercised