The following adjustment was made on today on Coca Cola Company (KO). All prices include IB commissions.
Ex-dividend date for KO is 9/13/10. The dividend amount is $0.44. The time value left on the Sep 55 Call was less than the dividend, putting it in jeopardy of being assigned early to capture the dividend, so I rolled it out to a Jan 55 Call for a net credit.
| Date | Stock | Description | Transaction | Status | Stock Investment | Income Generated |
|---|---|---|---|---|---|---|
| 9/8/2010 | KO | Buy Back and Roll Out | BTC 1 Sep10 55.00 Call @ -2.85 | ($285.01) | ||
| 9/8/2010 | KO | Continued Trade | STO 1 Jan11 55.00 Call @ 3.84 | $383.99 |
Current Position Summary
| Cost Basis | ($5,500.00) |
| Income Generated | $615.46 |
| Percent Income Generated | 11.19% |
| Annualized Income Generated | 10.50% |
| Net Profit If Assigned | $615.46 |
| Percent Return If Assigned | 11.19% |
| Annualized Return If Assigned | 10.50% |
| Days Held to Expiration | 389 days |
Trade History
| Date | Stock | Description | Transaction | Status | Stock Investment | Income Generated |
|---|---|---|---|---|---|---|
| 12/28/2009 | KO | CSP Margin Used | CSP 100 KO @ 55.00 | ($5,500.00) | ||
| 12/28/2009 | KO | Initial Put Option | STO 1 Feb10 55.00 Put @ 0.67 | Expired | $67.00 | |
| 2/22/2010 | KO | Continued Trade | STO 1 Mar10 55.00 Put @ 0.85 | Exercised | $84.99 | |
| 3/19/2010 | KO | CSP Margin Returned | CSP 100 KO @ -55.00 | $5,500.00 | ||
| 3/19/2010 | KO | Stock Assigned | EX 1 Mar10 55.00 Put @ -55.00 | ($5,500.00) | ||
| 4/5/2010 | KO | Continued Trade | STO 1 Apr10 55.00 Call @ 0.46 | $45.99 | ||
| 4/16/2010 | KO | Buy Back and Roll Out | BTC 1 Apr10 55.00 Call @ -0.08 | ($8.01) | ||
| 4/16/2010 | KO | Continued Trade | STO 1 May10 55.00 Call @ 1.17 | Closed | $116.99 | |
| 5/21/2010 | KO | Buy Back and Roll Out | BTC 1 May10 55.00 Call @ -0.01 | ($1.00) | ||
| 5/21/2010 | KO | Continued Trade | STO 1 Aug10 55.00 Call @ 0.92 | Closed | $91.99 | |
| 7/1/2010 | KO | Dividend Received | DIV 100 Dividend @ 0.44 | $44.00 | ||
| 8/20/2010 | KO | Buy Back and Roll Out | BTC 1 Aug10 55.00 Call @ -0.30 | ($30.01) | ||
| 8/20/2010 | KO | Continued Trade | STO 1 Sep10 55.00 Call @ 1.05 | Closed | $104.54 | |
| 9/8/2010 | KO | Buy Back and Roll Out | BTC 1 Sep10 55.00 Call @ -2.85 | ($285.01) | ||
| 9/8/2010 | KO | Continued Trade | STO 1 Jan11 55.00 Call @ 3.84 | $383.99 | ||
| 1/21/2011 | KO | Totals | ($5,500.00) | $615.46 | ||
| DTE | 389 | Percent Income/Annualized | 11.19% | 10.50% |
