The Abbott Laboratories (ABT) Jan11 47.00 Put expired on Friday. Today ABT announced earnings and the stock has declined below $47.00, so I decided to close this position and establish a new CSP at the $46 strike. All prices include IB commissions.
This was the second position on ABT. The first position is a CC.
Position Summary
| Cost Basis | $4,700.00 |
| Net Profit | $103.04 |
| Percent Return | 2.19% |
| Annualized Return | 6.61% |
| Days Held to Expiration | 121 days |
Trade History
| Date | Stock | Description | Transaction | Status | Stock Investment | Income Generated |
|---|---|---|---|---|---|---|
| 9/22/2010 | ABT | CSP Margin Used | CSP 100 ABT @ 47.00 | ($4,700.00) | ||
| 9/22/2010 | ABT | Initial Put Option | STO 1 Jan11 47.00 Put @ 1.03 | $103.04 | ||
| 1/21/2011 | ABT | CSP Margin Returned | CSP 100 ABT @ -47.00 | $4,700.00 | ||
| 1/21/2011 | ABT | Net Cost/Profit-Loss | ($4,700.00) | $103.04 | ||
| DTE | 121 | Percent Profit-Loss/Annualized | 2.19% | 6.61% |
