Friday, September 16, 2011

TBT - Adjustment

The following adjustment was made today on ProShares UltraShort 20+ Year Treasury (TBT). All prices include IB commissions.

This is the second position on TBT. The first position is a CC. If assigned, I'll combine both positions into a single position and consider this dollar cost averaging.

DateStockDescriptionTransactionStatusStock InvestmentIncome Generated
9/16/2011TBTBuy Back and Roll OutBTC 2 Sep11 23.00 Put @ -0.14  ($28.02)
9/16/2011TBTContinued TradeSTO 2 Oct11 23.00 Put @ 1.33  $265.14

Current Position Summary

Cost Basis($4,600.00)
Income Generated$444.77
Percent Income Generated9.67%
Annualized Income Generated72.02%
Net Profit If Assigned$444.77
Percent Return If Assigned9.67%
Annualized Return If Assigned72.02%
Days Held to Expiration49 days

Trade History

DateStockDescriptionTransactionStatusStock InvestmentIncome Generated
9/2/2011TBTCSP Margin UsedCSP 200 TBT @ 23.00 ($4,600.00) 
9/2/2011TBTInitial Put OptionSTO 2 Sep11 23.00 Put @ 1.04Closed $207.65
9/16/2011TBTBuy Back and Roll OutBTC 2 Sep11 23.00 Put @ -0.14  ($28.02)
9/16/2011TBTContinued TradeSTO 2 Oct11 23.00 Put @ 1.33  $265.14
10/21/2011TBT Totals ($4,600.00)$444.77
DTE49 Percent Income/Annualized 9.67%72.02%