Wednesday, September 24, 2008

BAC - New Position

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

24-Sep-08 - Initial Stock Position - BTO 100 BAC @ 33.72
24-Sep-08 - Initial Call Option - STO 1 Oct08 32.50 Call @ 3.21

Stock Investment: $3,372.00
Income Generated: $321.00
Percent Income Generated: 9.52%
Annualized Income Generated: 151.07%
Net Profit If Called: $199.00
Percent Return If Called: 5.90%
Annualized Return If Called: 93.65%
Days Held to Expiration: 23 days