BHP - New Position

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

18-Aug-08 - Initial Stock Position - BTO 100 BHP @ 65.11
18-Aug-08 - Initial Call Option - STO 1 Sep08 65.00 Call @ 3.00
29-Sep-08 - Dividend Received - DIV 100 Dividend @ 0.58

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

Stock Investment: $6,511.00
Income Generated: $300.00
Percent Income Generated: 4.61%
Annualized Income Generated: 67.27%
Net Profit If Called: $289.00
Percent Return If Called: 4.44%
Annualized Return If Called: 64.80%
Days Held to Ex-Dividend Date: 25 days

Summary with the dividend if called at option expiration:

Stock Investment: $6,511.00
Income Generated: $358.00
Percent Income Generated: 5.50%
Annualized Income Generated: 62.72%
Net Profit If Called: $347.00
Percent Return If Called: 5.33%
Annualized Return If Called: 60.79%
Days Held to Expiration: 32 days

Dividend Information:

Ex-Dividend Date: 09/12/08 (approx.)
Dividend Pay Date: 09/29/08 (approx.)
Dividend Rate: $1.16
Dividend Yield on Cost: 1.78%