Friday, April 17, 2009

GE - Adjustment

The following adjustment was made today on GE:

17-Apr-09 - Buy Back and Roll Out - BTC 1 Apr09 11.00 Call @ -1.58 -
17-Apr-09 - Interim Trade - STO 1 May09 11.00 Call @ 1.87 -

The Apr09 11.00 call was ITM and would have resulted in a loss if called, so I rolled it out to a May09 11.00 call in order to avoid assignment. I received a net credit on the roll of $29.00.

Current Position Summary:

Stock Investment: $2,501.00
Income Generated: $372.00
Percent Income Generated: 14.87%
Annualized Income Generated: 23.20%
Net Profit If Called: -$1,029.00
Percent Return If Called: -41.14%
Annualized Return If Called: -64.18%
Days Held to Expiration: 234 days

Trade History:

23-Sep-08 - Initial Stock Position - BTO 100 GE @ 25.01 -
23-Sep-08 - Initial Call Option - STO 1 Oct08 25.00 Call @ 1.79 - Expired
20-Oct-08 - Interim Trade - STO 1 Nov08 22.00 Call @ 0.34 - Expired
22-Dec-08 - Interim Trade - STO 1 Feb09 18.00 Call @ 0.48 - Expired
26-Jan-09 - Dividend Received - DIV 100 Dividend @ 0.31 -
24-Feb-09 - Interim Trade - STO 1 Apr09 11.00 Call @ 0.51 - Closed
17-Apr-09 - Buy Back and Roll Out - BTC 1 Apr09 11.00 Call @ -1.58 -
17-Apr-09 - Interim Trade - STO 1 May09 11.00 Call @ 1.87 -