Sunday, December 21, 2008

CL - Closed

The CL Dec08 60.00 call was exercised on Fri and the stock was called away for a profit. The following is the trade history and returns, including IB commissions.

Covered Call Results

Stock Investment: $6,362.00
Income Generated: $519.00
Net Profit: $157.00
Percent Return: 2.47%
Annualized Return: 36.03%
Duration of Trade: 25 days

Trade History:

24-Nov-08 - Initial Stock Position - BTO 100 CL @ 63.62 -
24-Nov-08 - Initial Call Option - STO 1 Dec08 60.00 Call @ 5.19 - Exercised
19-Dec-08 - Option Exercised - EX 1 Dec08 60.00 Call @ 60.00 -