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 Return | 3.84% |
| Annualized Return | 25.03% |
| Days Held to Expiration | 56 days |
Trade History
| Date | Stock | Description | Transaction | Status | Stock Investment | Income Generated |
|---|---|---|---|---|---|---|
| 1/22/2010 | CTAS | CSP Margin Used | CSP 100 CTAS @ 25.00 | ($2,500.00) | ||
| 1/22/2010 | CTAS | Initial Put Option | STO 1 Feb10 25.00 Put @ 0.56 | Exercised | $56.45 | |
| 2/19/2010 | CTAS | CSP Margin Returned | CSP 100 CTAS @ -25.00 | $2,500.00 | ||
| 2/19/2010 | CTAS | Option Exercised | EX 1 Feb10 25.00 Put @ -25.00 | ($2,500.00) | ||
| 2/22/2010 | CTAS | Continued Trade | STO 1 Mar10 25.00 Call @ 0.40 | Exercised | $39.54 | |
| 3/19/2010 | CTAS | Assigned | EX 1 Mar10 25.00 Call @ 25.00 | $2,500.00 | ||
| 3/19/2010 | CTAS | Net Cost/Profit-Loss | ($2,500.00) | $95.99 | ||
| DTE | 56 | Percent Profit-Loss/Annualized | 3.84% | 25.03% |
