The Novartis (NVS) Apr11 52.50 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 | $5,250.00 |
| Net Profit | $129.24 |
| Percent Return | 2.46% |
| Annualized Return | 13.61% |
| Days Held to Expiration | 66 days |
Trade History
| Date | Stock | Description | Transaction | Status | Stock Investment | Income Generated |
|---|---|---|---|---|---|---|
| 2/8/2011 | NVS | CSP Margin Used | CSP 100 NVS @ 52.50 | ($5,250.00) | ||
| 2/8/2011 | NVS | Initial Put Option | STO 1 Apr 52.50 Put @ 1.29 | Expired | $129.24 | |
| 3/18/2011 | NVS | CSP Margin Returned | CSP 100 NVS @ -52.50 | $5,250.00 | ||
| 4/15/2011 | NVS | Net Cost/Profit-Loss | ($5,250.00) | $129.24 | ||
| DTE | 66 | Percent Profit-Loss/Annualized | 2.46% | 13.61% |
