The Novartis (NVS) Dec12 55.00 Put expired on 12/16. I was going to continue this position but decided to close it today and wait to re-establish a new position once it meets my criteria. All prices include IB commissions.
Position Summary
| Cost Basis | $5,500.00 |
| Net Profit | $128.98 |
| Percent Return | 2.35% |
| Annualized Return | 18.61% |
| Days Held to Expiration | 46 days |
Trade History
| Date | Stock | Description | Transaction | Status | Stock Investment | Income Generated |
|---|---|---|---|---|---|---|
| 10/31/2011 | NVS | CSP Margin Used | CSP 100 NVS @ 55.00 | ($5,500.00) | ||
| 10/31/2011 | NVS | Initial Put Option | STO 1 Dec11 55.00 Put @ 1.29 | Expired | $128.98 | |
| 12/16/2011 | NVS | CSP Margin Returned | CSP 100 NVS @ -55.00 | $0.00 | $5,500.00 | |
| 12/16/2011 | NVS | Net Cost/Profit-Loss | ($5,500.00) | $128.98 | ||
| DTE | 46 | Percent Profit-Loss/Annualized | 2.35% | 18.61% |
