Paper Trade - TGT CC and CSP Adjustment

The following adjustments were made to the TGT covered call and cash secured put paper trade positions:

The TGT CC position was rolled out/up to a Jun09 39.00 call and the TGT CSP position was rolled out/up to the Jun09 39.00 put.

TGT CC Position

15-May-09 - Buy Back and Roll Out/Up - BTC 1 May09 37.50 Call @ -2.97 -
15-May-09 - Continued Trade - STO 1 Jun09 39.00 Call @ 3.04 -

Capital Invested: $3,978.00
Income Generated: $377.00
Net Investment: $3,601.00
Percent Income Generated: 9.48%
Annualized Income Generated: 48.72%
Net Profit If Called: $299.00
Percent Return If Called: 7.52%
Annualized Return If Called: 38.64%
Days Held to Expiration: 71 days

Trade History:

09-Apr-09 - Initial Stock Position - BTO 100 TGT @ 39.78 -
09-Apr-09 - Initial Call Option - STO 1 May09 37.50 Call @ 3.70 - Closed
15-May-09 - Buy Back and Roll Out/Up - BTC 1 May09 37.50 Call @ -2.97 -
15-May-09 - Continued Trade - STO 1 Jun09 39.00 Call @ 3.04 -


TGT CSP Position

15-May-09 - Cash to Secure Put - CSP 100 TGT @ 39.00 -
15-May-09 - Buy Back and Roll Out/Up - BTC 1 May09 37.50 Put @ -0.06 -
15-May-09 - Continued Trade - STO 1 Jun09 39.00 Put @ 1.80 -

Capital Invested: $3,900.00
Income Generated: $318.00
Net Investment: $3,582.00
Percent Income Generated: 8.15%
Annualized Income Generated: 41.92%
Net Profit If Expired: $318.00
Percent Return If Expired: 8.15%
Annualized Return If Expired: 41.92%
Days Held to Expiration: 71 days

Trade History:

09-Apr-09 - Initial Put Option - STO 1 May09 37.50 Put @ 1.44 - Expired
15-May-09 - Cash to Secure Put - CSP 100 TGT @ 39.00 -
15-May-09 - Buy Back and Roll Out/Up - BTC 1 May09 37.50 Put @ -0.06 -
15-May-09 - Continued Trade - STO 1 Jun09 39.00 Put @ 1.80 -