Friday, December 30, 2011

NVS - Closed

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 Return2.35%
Annualized Return18.61%
Days Held to Expiration46 days

Trade History

DateStockDescriptionTransactionStatusStock InvestmentIncome Generated
10/31/2011NVSCSP Margin UsedCSP 100 NVS @ 55.00 ($5,500.00) 
10/31/2011NVSInitial Put OptionSTO 1 Dec11 55.00 Put @ 1.29Expired $128.98
12/16/2011NVSCSP Margin ReturnedCSP 100 NVS @ -55.00 $0.00$5,500.00
12/16/2011NVS Net Cost/Profit-Loss ($5,500.00)$128.98
DTE46 Percent Profit-Loss/Annualized 2.35%18.61%