EMR - New Position

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

05-Nov-08 - Initial Stock Position - BTO 100 EMR @ 35.69
05-Nov-08 - Initial Call Option - STO 1 Nov08 35.00 Call @ 1.90
18-Nov-08 - Dividend Received - DIV 100 Dividend @ 0.33


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

Stock Investment: $3,569.00
Income Generated: $190.00
Percent Income Generated: 5.32%
Annualized Income Generated: 215.90%
Net Profit If Called: $121.00
Percent Return If Called: 3.39%
Annualized Return If Called: 137.50%
Days Held to Ex-Dividend Date: 9 days

Summary with the dividend if called at option expiration:

Stock Investment: $3,569.00
Income Generated: $223.00
Percent Income Generated: 6.25%
Annualized Income Generated: 142.54%
Net Profit If Called: $154.00
Percent Return If Called: 4.31%
Annualized Return If Called: 98.43%
Days Held to Expiration: 16 days

Dividend Information:

Ex-Dividend Date: 11/14/08 approx.
Dividend Pay Date: 11/18.08 approx.
Dividend Rate: $1.32
Dividend Yield on Cost: 3.70%