The Berkshire Hathaway Class B (BRK.B) CSP position expired on Fri and I decided to close the position since the option premiums at the 76.00 strike no longer meet my requirements. All prices include IB commissions.
Position Summary
| Cost Basis | $7,494.00 |
| Net Profit | $339.99 |
| Percent Return | 4.54% |
| Annualized Return | 29.57% |
| Days Held to Expiration | 56 days |
Trade History
| Date | Stock | Description | Transaction | Status | Stock Investment | Income Generated |
|---|---|---|---|---|---|---|
| 1/22/2010 | BRK.B | First Stock Position | BTO 100 BRK.B @ 70.94 | ($7,094.00) | ||
| 1/22/2010 | BRK.B | Initial Call Option | STO 1 Feb10 72.00 Call @ 1.59 | Exercised | $159.00 | |
| 2/19/2010 | BRK.B | Option Exercised | EX 1 Feb10 72.00 Call @ 72.00 | $7,200.00 | ||
| 2/22/2010 | BRK.B | CSP Margin Used | CSP 100 BRK.B @ 76.00 | ($7,600.00) | ||
| 2/22/2010 | BRK.B | New Cost Basis | $7,493.00 100 @ 74.93 | |||
| 2/22/2010 | BRK.B | Continued Trade | STO 1 Mar10 76.00 Put @ 0.75 | Expired | $74.99 | |
| 3/19/2010 | BRK-B | CSP Margin Returned | CSP 100 BRK-B @ -76.00 | $7,600.00 | ||
| 3/19/2010 | BRK.B | Net Cost/Profit-Loss | ($7,494.00) | $339.99 | ||
| DTE | 56 | Percent Profit-Loss/Annualized | 4.54% | 29.57% |
