The Novartis (NVS) Apr11 55.00 Put expired last Friday. NVS announced earnings this week and the stock has rose above $57.00, so I decided to close this position. All prices include IB commissions.
Position Summary
| Cost Basis | $5,500.00 |
| Net Profit | $317.23 |
| Percent Return | 5.77% |
| Annualized Return | 14.62% |
| Days Held to Expiration | 144 days |
Trade History
| Date | Stock | Description | Transaction | Status | Stock Investment | Income Generated |
|---|---|---|---|---|---|---|
| 11/22/2010 | NVS | CSP Margin Used | CSP 100 NVS @ 55.00 | ($5,500.00) | ||
| 11/22/2010 | NVS | Initial Put Option | STO 1 Dec11 55.00 Put @ 0.88 | Expired | $88.24 | |
| 12/21/2010 | NVS | Continued Trade | STO 1 Apr11 55.00 Put @ 2.29 | $228.99 | ||
| 4/15/2011 | NVS | CSP Margin Returned | CSP 100 NVS @ -55.00 | $5,500.00 | ||
| 4/15/2011 | NVS | Net Cost/Profit-Loss | ($5,500.00) | $317.23 | ||
| DTE | 144 | Percent Profit-Loss/Annualized | 5.77% | 14.62% |
