Thursday, April 9, 2009

APD - Adjustment

The following adjustment was made today on APD:

09-Apr-09 - Buy Back and Roll Out/Up - BTC 1 Apr09 55.00 Call @ -5.41 -
09-Apr-09 - Continued Trade - STO 1 May09 55.00 Call @ 6.39 -

The APD Apr09 55.00 call was ITM with less than $0.05 time value remaining. Even though this position would have resulted in a profit if called, I decided to roll it out to a May09 55.00 call in order to avoid assignment. I received a net credit on the roll of $98.00.

Current Position Summary:

Stock Investment: $5,789.00
Income Generated: $812.95
Percent Income Generated: 14.04%
Annualized Income Generated: 40.36%
Net Profit If Called: $523.95
Percent Return If Called: 9.05%
Annualized Return If Called: 26.01%
Days Held to Expiration: 127 days

Trade History:

08-Jan-09 - Initial Stock Position - BTO 100 APD @ 57.89 -
08-Jan-09 - Initial Call Option - STO 1 Feb09 55.00 Call @ 5.72 - Expired
09-Feb-09 - Dividend Received - DIV 100 Dividend @ 0.44 -
24-Feb-09 - Continued Trade - STO 1 Apr09 55.00 Call @ 0.99 - Closed
09-Apr-09 - Buy Back and Roll Out/Up - BTC 1 Apr09 55.00 Call @ -5.41 -
09-Apr-09 - Continued Trade - STO 1 May09 55.00 Call @ 6.39 -