Sunday, May 17, 2009

MHP - Closed

The MHP May09 25.00 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: $2,550.00
Income Generated: $328.10
Net Profit: $278.10
Percent Return: 10.91%
Annualized Return: 41.90%
Duration of Trade: 95 days

Trade History:

09-Feb-09 - Second Stock Position - BTO 100 MHP @ 25.50 -
09-Feb-09 - Interim Trade - STO 1 Mar09 25.00 Call @ 1.89 - Expired
11-Mar-09 - Dividend Received - DIV 100 Dividend @ 0.23 -
24-Mar-09 - Interim Trade - STO 1 May09 25.00 Call @ 1.16 - Exercised
15-May-09 - Option Exercised - EX 1 May09 25.00 Call @ 25.00 -