Tuesday, July 24, 2007

NITE - Closed

The NITE Jul07 15.00 Call was exercised on Fri and the stock was called away for a profit. The following is the trade history and returns, including IB commissions.

Covered Call Results

Stock Investment: $1,565.00
Income Generated: $194.00
Net Profit: $129.00
Percent Return: 8.24%
Annualized Return: 24.46%
Duration of Trade: 123 days

Buy & Hold Comparison

Opening Price: $15.65
Closing Price: $15.65
P/L per Share: $0.00
Shares: 100
Dividends: $0.00
Net Profit: $0.00
Percent Return: 0.00%
Annualized Return: 0.00%
Duration of Trade: 123 days

Trade History:

19-Mar-07 - Initial Stock Position - BTO 100 NITE @ 15.65 -
19-Mar-07 - Initial Call Option - STO 1 Jul07 15.00 Call @ 1.94 - Exercised
20-Jul-07 - Option Exercised - EX 1 Jul07 15.00 Call @ 15.00 -