Tuesday, September 23, 2008

ADP - New Position

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

23-Sep-08 - Initial Stock Position - BTO 100 ADP @ 43.08
23-Sep-08 - Initial Call Option - STO 1 Oct08 42.50 Call @ 1.75

Stock Investment: $4,308.00
Income Generated: $175.00
Percent Income Generated: 4.06%
Annualized Income Generated: 61.78%
Net Profit If Called: $117.00
Percent Return If Called: 2.72%
Annualized Return If Called: 41.30%
Days Held to Expiration: 24 days