Sunday, December 21, 2008

TIP - Closed

The TIP Dec08 96.00 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: $9,509.00
Income Generated: $79.00
Net Profit: $170.00
Percent Return: 1.79%
Annualized Return: 14.83%
Duration of Trade: 44 days

Trade History:

05-Nov-08 - Initial Stock Position - BTO 100 TIP @ 95.09 -
05-Nov-08 - Initial Call Option - STO 1 Dec08 96.00 Call @ 0.79 - Exercised
19-Dec-08 - Option Exercised - EX 1 Dec08 96.00 Call @ 96.00 -