Monday, November 3, 2008

JNJ - New Position

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

03-Nov-08 - Initial Stock Position - BTO 100 JNJ @ 61.46
03-Nov-08 - Initial Call Option - STO 1 Nov08 60.00 Call @ 2.95

Stock Investment: $6,146.00
Income Generated: $295.00
Percent Income Generated: 4.80%
Annualized Income Generated: 97.33%
Net Profit If Called: $149.00
Percent Return If Called: 2.42%
Annualized Return If Called: 49.16%
Days Held to Expiration: 18 days