Sunday, March 21, 2010

CTAS - Closed




The Cintas Corp (CTAS) position was exercised on Fri and the stock was called away for a profit. All prices include IB commissions.

Since the option premiums were too low to continue this position I decided to close it. I'll continue to keep CTAS on my watch list and may re-enter it if/when the option premiums increase.

Position Summary





Cost Basis$2,500.00
Net Profit$95.99
Percent Return3.84%
Annualized Return25.03%
Days Held to Expiration56 days


Trade History













DateStockDescriptionTransactionStatusStock InvestmentIncome Generated
1/22/2010CTASCSP Margin UsedCSP 100 CTAS @ 25.00 ($2,500.00) 
1/22/2010CTASInitial Put OptionSTO 1 Feb10 25.00 Put @ 0.56Exercised $56.45
2/19/2010CTASCSP Margin ReturnedCSP 100 CTAS @ -25.00 $2,500.00 
2/19/2010CTASOption ExercisedEX 1 Feb10 25.00 Put @ -25.00 ($2,500.00) 
2/22/2010CTASContinued TradeSTO 1 Mar10 25.00 Call @ 0.40Exercised $39.54
3/19/2010CTASAssignedEX 1 Mar10 25.00 Call @ 25.00  $2,500.00
3/19/2010CTAS Net Cost/Profit-Loss ($2,500.00)$95.99
DTE56 Percent Profit-Loss/Annualized 3.84%25.03%