TLT - Closed

The Jan11 95 Calls on the iShares 20+ Year Treasury Bond Fund (TLT) positions were exercised early and the stock was called away. All prices include IB commissions.

I'll look to establish a new position, probably a CSP on TLT next week.

Note: TLT was split into 4 open positions

Current Position Summary

Position #1 Summary

Cost Basis	$12,103.00
Net Profit	($605.28)
Percent Return	-5.00%
Annualized Return	-2.82%
Days Held to Expiration	647 days

Trade History

Date	Stock	Description	Transaction	Status	Stock Investment	Income Generated
12/22/2008	TLT	First Stock Position	BTO 100 TLT @ 121.03	Called	($12,103.00)
12/22/2008	TLT	Initial Call Option	STO 1 Jan09 121.00 Call @ 3.39	Expired		$339.00
1/2/2009	TLT	Dividend Received	DIV 100 Dividend @ 0.41			$40.51
1/20/2009	TLT	Interim Trade	STO 1 Feb09 113.00 Call @ 1.39	Expired		$139.00
2/6/2009	TLT	Dividend Received	DIV 100 Dividend @ 0.29			$28.53
2/24/2009	TLT	Interim Trade	STO 1 Mar09 110.00 Call @ 1.09	Expired		$109.30
3/6/2009	TLT	Dividend Received	DIV 100 Dividend @ 0.28			$28.22
3/24/2009	TLT	Interim Trade	STO 1 Apr09 105.00 Call @ 0.79	Expired		$79.30
4/7/2009	TLT	Dividend Received	DIV 100 Dividend @ 0.30			$30.21
5/7/2009	TLT	Dividend Received	DIV 100 Dividend @ 0.30			$29.67
5/15/2009	TLT	Interim Trade	STO 1 Jun09 100.00 Call @ 1.09	Closed		$109.12
6/5/2009	TLT	Buy Back and Roll Down	BTC 1 Jun09 100.00 Call @ -0.06			($5.50)
6/5/2009	TLT	Interim Trade	STO 1 Jun09 94.00 Call @ 0.29	Expired		$29.30
6/5/2009	TLT	Dividend Received	DIV 100 Dividend @ 0.31			$30.54
6/24/2009	TLT	Interim Trade	STO 1 Jul09 96.00 Call @ 0.64	Expired		$64.30
7/8/2009	TLT	Dividend Received	DIV 100 Dividend @ 0.30			$30.33
8/7/2009	TLT	Dividend Received	DIV 100 Dividend @ 0.32			$31.85
8/12/2009	TLT	Interim Trade	STO 1 Sep09 96.00 Call @ 0.79	Closed		$79.30
9/8/2009	TLT	Dividend Received	DIV 100 Dividend @ 0.31			$30.75
9/18/2009	TLT	Buy Back and Roll Up	BTC 1 Sep09 96.00 Call @ -0.06			($5.50)
9/18/2009	TLT	Interim Trade	STO 1 Oct09 97.00 Call @ 1.04	Expired		$104.30
10/7/2009	TLT	Dividend Received	DIV 100 Dividend @ 0.31			$30.73
10/20/2009	TLT	Interim Trade	STO 1 Nov09 98.00 Call @ 0.90	Expired		$89.60
11/6/2009	TLT	Dividend Received	DIV 100 Dividend @ 0.31			$30.83
11/24/2009	TLT	Interim Trade	STO 1 Jan10 98.00 Call @ 0.60	Expired		$60.05
12/7/2009	TLT	Dividend Received	DIV 100 Dividend @ 0.31			$30.66
1/5/2010	TLT	Dividend Received	DIV 100 Dividend @ 0.32			$31.82
1/21/2010	TLT	Interim Trade	STO 1 Mar10 94.00 Call @ 0.65	Expired		$64.85
2/5/2010	TLT	Dividend Received	DIV 100 Dividend @ 0.32			$32.48
3/5/2010	TLT	Dividend Received	DIV 100 Dividend @ 0.29			$28.97
4/8/2010	TLT	Dividend Received	DIV 100 Dividend @ 0.33			$33.17
4/22/2010	TLT	Interim Trade	STO 1 May10 92.00 Call @ 0.33	Closed		$33.28
5/7/2010	TLT	Dividend Received	DIV 100 Dividend @ 0.32			$32.00
5/20/2010	TLT	Buy Back and Roll Out/Up	BTC 1 May10 92.00 Call @ -6.01			($600.72)
5/20/2010	TLT	Interim Trade	STO 1 Jan11 95.00 Call @ 6.49	Exercised		$649.28
6/7/2010	TLT	Dividend Received	DIV 100 Dividend @ 0.33			$32.59
7/8/2010	TLT	Dividend Received	DIV 100 Dividend @ 0.31			$30.95
8/6/2010	TLT	Dividend Received	DIV 100 Dividend @ 0.32			$32.44
9/8/2010	TLT	Dividend Received	DIV 100 Dividend @ 0.32			$32.23
9/30/2010	TLT	Option Exercised	EX 1 Jan11 95.00 Call @ 95.00			$9,500.00
9/30/2010	TLT		Net Cost/Profit-Loss		($12,103.00)	($605.28)
DTE	647		Percent Profit-Loss/Annualized		-5.00%	-2.82%

Position #2 Summary

Cost Basis	$10,896.00
Net Profit	$367.04
Percent Return	3.37%
Annualized Return	2.00%
Days Held to Expiration	616 days

Trade History

Date	Stock	Description	Transaction	Status	Stock Investment	Income Generated
1/22/2009	TLT	Second Stock Position	BTO 100 TLT @ 108.96	Called	($10,896.00)
1/22/2009	TLT	Initial Call Option	STO 1 Feb09 109.00 Call @ 2.84	Expired		$283.82
2/6/2009	TLT	Dividend Received	DIV 100 Dividend @ 0.29			$28.53
2/24/2009	TLT	Interim Trade	STO 1 Mar09 110.00 Call @ 1.09	Expired		$109.30
3/6/2009	TLT	Dividend Received	DIV 100 Dividend @ 0.28			$28.22
3/24/2009	TLT	Interim Trade	STO 1 Apr09 105.00 Call @ 0.79	Expired		$79.30
4/7/2009	TLT	Dividend Received	DIV 100 Dividend @ 0.30			$30.21
5/7/2009	TLT	Dividend Received	DIV 100 Dividend @ 0.30			$29.67
5/15/2009	TLT	Interim Trade	STO 1 Jun09 100.00 Call @ 1.09	Closed		$109.12
6/5/2009	TLT	Buy Back and Roll Down	BTC 1 Jun09 100.00 Call @ -0.06			($5.50)
6/5/2009	TLT	Interim Trade	STO 1 Jun09 94.00 Call @ 0.29	Expired		$29.30
6/5/2009	TLT	Dividend Received	DIV 100 Dividend @ 0.31			$30.54
6/24/2009	TLT	Interim Trade	STO 1 Jul09 96.00 Call @ 0.64	Expired		$64.30
7/8/2009	TLT	Dividend Received	DIV 100 Dividend @ 0.30			$30.33
8/7/2009	TLT	Dividend Received	DIV 100 Dividend @ 0.32			$31.85
8/12/2009	TLT	Interim Trade	STO 1 Sep09 96.00 Call @ 0.79	Closed		$79.30
9/8/2009	TLT	Dividend Received	DIV 100 Dividend @ 0.31			$30.75
9/18/2009	TLT	Buy Back and Roll Up	BTC 1 Sep09 96.00 Call @ -0.06			($5.50)
9/18/2009	TLT	Interim Trade	STO 1 Oct09 97.00 Call @ 1.04	Expired		$104.30
10/7/2009	TLT	Dividend Received	DIV 100 Dividend @ 0.31			$30.73
10/20/2009	TLT	Interim Trade	STO 1 Nov09 98.00 Call @ 0.90	Expired		$89.60
11/6/2009	TLT	Dividend Received	DIV 100 Dividend @ 0.31			$30.83
11/24/2009	TLT	Interim Trade	STO 1 Jan10 98.00 Call @ 0.60	Expired		$60.05
12/7/2009	TLT	Dividend Received	DIV 100 Dividend @ 0.31			$30.66
1/5/2010	TLT	Dividend Received	DIV 100 Dividend @ 0.32			$31.82
1/21/2010	TLT	Interim Trade	STO 1 Mar10 94.00 Call @ 0.65	Expired		$64.85
2/5/2010	TLT	Dividend Received	DIV 100 Dividend @ 0.32			$32.48
3/5/2010	TLT	Dividend Received	DIV 100 Dividend @ 0.29			$28.97
4/8/2010	TLT	Dividend Received	DIV 100 Dividend @ 0.33			$33.17
4/22/2010	TLT	Interim Trade	STO 1 May10 92.00 Call @ 0.33	Closed		$33.28
5/7/2010	TLT	Dividend Received	DIV 100 Dividend @ 0.32			$32.00
5/20/2010	TLT	Buy Back and Roll Out/Up	BTC 1 May10 92.00 Call @ -6.01			($600.72)
5/20/2010	TLT	Interim Trade	STO 1 Jan11 95.00 Call @ 6.49	Exercised		$649.28
6/7/2010	TLT	Dividend Received	DIV 100 Dividend @ 0.33			$32.59
7/8/2010	TLT	Dividend Received	DIV 100 Dividend @ 0.31			$30.95
8/6/2010	TLT	Dividend Received	DIV 100 Dividend @ 0.32			$32.44
9/8/2010	TLT	Dividend Received	DIV 100 Dividend @ 0.32			$32.23
9/30/2010	TLT	Option Exercised	EX 1 Jan11 95.00 Call @ 95.00			$9,500.00
9/30/2010	TLT		Net Cost/Profit-Loss		($10,896.00)	$367.04
DTE	616		Percent Profit-Loss/Annualized		3.37%	2.00%

Position #3 Summary

Cost Basis	$10,622.00
Net Profit	$478.38
Percent Return	4.50%
Annualized Return	2.82%
Days Held to Expiration	583 days

Trade History

Date	Stock	Description	Transaction	Status	Stock Investment	Income Generated
2/24/2009	TLT	Third Stock Position	BTO 100 TLT @ 106.22	Called	($10,622.00)
2/24/2009	TLT	Initial Call Option	STO 1 Mar09 106.00 Call @ 2.59			$259.00
3/6/2009	TLT	Dividend Received	DIV 100 Dividend @ 0.28			$28.21
3/24/2009	TLT	Interim Trade	STO 1 Apr09 105.00 Call @ 0.79	Expired		$79.30
4/7/2009	TLT	Dividend Received	DIV 100 Dividend @ 0.30			$30.22
5/7/2009	TLT	Dividend Received	DIV 100 Dividend @ 0.30			$29.66
5/15/2009	TLT	Interim Trade	STO 1 Jun09 100.00 Call @ 1.09	Closed		$109.12
6/5/2009	TLT	Buy Back and Roll Down	BTC 1 Jun09 100.00 Call @ -0.06			($5.50)
6/5/2009	TLT	Interim Trade	STO 1 Jun09 94.00 Call @ 0.29	Expired		$29.30
6/5/2009	TLT	Dividend Received	DIV 100 Dividend @ 0.31			$30.55
6/24/2009	TLT	Interim Trade	STO 1 Jul09 96.00 Call @ 0.64	Expired		$64.30
7/8/2009	TLT	Dividend Received	DIV 100 Dividend @ 0.30			$30.34
8/7/2009	TLT	Dividend Received	DIV 100 Dividend @ 0.32			$31.85
8/12/2009	TLT	Interim Trade	STO 1 Sep09 96.00 Call @ 0.79	Closed		$79.30
9/8/2009	TLT	Dividend Received	DIV 100 Dividend @ 0.31			$30.74
9/18/2009	TLT	Buy Back and Roll Up	BTC 1 Sep09 96.00 Call @ -0.06			($5.50)
9/18/2009	TLT	Interim Trade	STO 1 Oct09 97.00 Call @ 1.04	Expired		$104.30
10/7/2009	TLT	Dividend Received	DIV 100 Dividend @ 0.31			$30.72
10/20/2009	TLT	Interim Trade	STO 1 Nov09 98.00 Call @ 0.90	Expired		$89.60
11/6/2009	TLT	Dividend Received	DIV 100 Dividend @ 0.31			$30.83
11/24/2009	TLT	Interim Trade	STO 1 Jan10 98.00 Call @ 0.60	Expired		$60.05
12/7/2009	TLT	Dividend Received	DIV 100 Dividend @ 0.31			$30.66
1/5/2010	TLT	Dividend Received	DIV 100 Dividend @ 0.32			$31.82
1/21/2010	TLT	Interim Trade	STO 1 Mar10 94.00 Call @ 0.65	Expired		$64.85
2/5/2010	TLT	Dividend Received	DIV 100 Dividend @ 0.32			$32.48
3/5/2010	TLT	Dividend Received	DIV 100 Dividend @ 0.29			$28.97
4/8/2010	TLT	Dividend Received	DIV 100 Dividend @ 0.33			$33.17
4/22/2010	TLT	Interim Trade	STO 1 May10 92.00 Call @ 0.33	Closed		$33.28
5/7/2010	TLT	Dividend Received	DIV 100 Dividend @ 0.32			$32.00
5/20/2010	TLT	Buy Back and Roll Out/Up	BTC 1 May10 92.00 Call @ -6.01			($600.72)
5/20/2010	TLT	Interim Trade	STO 1 Jan11 95.00 Call @ 6.49	Exercised		$649.28
6/7/2010	TLT	Dividend Received	DIV 100 Dividend @ 0.33			$32.59
7/8/2010	TLT	Dividend Received	DIV 100 Dividend @ 0.31			$30.95
8/6/2010	TLT	Dividend Received	DIV 100 Dividend @ 0.32			$32.44
9/8/2010	TLT	Dividend Received	DIV 100 Dividend @ 0.32			$32.23
9/30/2010	TLT	Option Exercised	EX 1 Jan11 95.00 Call @ 95.00			$9,500.00
9/30/2010	TLT		Net Cost/Profit-Loss		($10,622.00)	$478.38
DTE	583		Percent Profit-Loss/Annualized		4.50%	2.82%

Position #4 Summary

Cost Basis	$9,300.00
Net Profit	$736.32
Percent Return	7.92%
Annualized Return	9.29%
Days Held to Expiration	311 days

Trade History

Date	Stock	Description	Transaction	Status	Stock Investment	Income Generated
11/23/2009	TLT	CSP Margin Used	CSP 100 TLT @ 93.00		($9,300.00)
11/23/2009	TLT	Initial Put Option	STO 1 Jan10 93.00 Put @ 1.35	Exercised		$134.75
1/15/2010	TLT	CSP Margin Returned	CSP 100 TLT @ -93.00		$9,300.00
1/15/2010	TLT	Stock Assigned	EX 1 Jan10 93.00 Put @ -93.00	Called	($9,300.00)
1/21/2010	TLT	Interim Trade	STO 1 Mar10 94.00 Call @ 0.65	Expired		$64.85
2/5/2010	TLT	Dividend Received	DIV 100 Dividend @ 0.32			$32.48
3/5/2010	TLT	Dividend Received	DIV 100 Dividend @ 0.29			$28.97
4/8/2010	TLT	Dividend Received	DIV 100 Dividend @ 0.33			$33.16
4/22/2010	TLT	Interim Trade	STO 1 May10 92.00 Call @ 0.33	Closed		$33.30
5/7/2010	TLT	Dividend Received	DIV 100 Dividend @ 0.32			$32.01
5/20/2010	TLT	Buy Back and Roll Out/Up	BTC 1 May10 92.00 Call @ -6.01			($600.70)
5/20/2010	TLT	Continued Trade	STO 1 Jan11 95.00 Call @ 6.49	Exercised		$649.30
6/7/2010	TLT	Dividend Received	DIV 100 Dividend @ 0.33			$32.57
7/8/2010	TLT	Dividend Received	DIV 100 Dividend @ 0.31			$30.96
8/6/2010	TLT	Dividend Received	DIV 100 Dividend @ 0.32			$32.45
9/8/2010	TLT	Dividend Received	DIV 100 Dividend @ 0.32			$32.23
9/30/2010	TLT	Option Exercised	EX 1 Jan11 95.00 Call @ 95.00			$9,500.00
9/30/2010	TLT		Net Cost/Profit-Loss		($9,300.00)	$736.32
DTE	311		Percent Profit-Loss/Annualized		7.92%	9.29%