Wednesday, March 30, 2011

LOW - Closed




The Lowes Companies Inc (LOW) Mar11 23.00 Put expired on 3/18. Today I decided to close the position. All prices include IB commissions.

Position Summary





Cost Basis$4,600.00
Net Profit$56.57
Percent Return1.23%
Annualized Return11.81%
Days Held to Expiration38 days


Trade History










DateStockDescriptionTransactionStatusStock InvestmentIncome Generated
2/8/2011LOWCSP Margin UsedCSP 200 LOW @ 23.00 ($4,600.00) 
2/8/2011LOWInitial Put OptionSTO 2 Mar11 23.00 Put @ 0.28Expired $56.57
3/18/2011LOWCSP Margin ReturnedCSP 200 LOW @ -23.00  $4,600.00
3/18/2011LOW Net Cost/Profit-Loss ($4,600.00)$56.57
DTE38 Percent Profit-Loss/Annualized 1.23%11.81%