Tuesday, July 24, 2007

NVT - Closed

The NVT Jul07 35.00 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: $3,431.00
Income Generated: $313.00
Net Profit: $382.00
Percent Return: 11.13%
Annualized Return: 27.27%
Duration of Trade: 149 days

Buy & Hold Comparison

Opening Price: $34.31
Closing Price: $48.37
P/L per Share: $14.06
Shares: 100
Dividends: $0.00
Net Profit: $1,406.00
Percent Return: 40.98%
Annualized Return: 100.39%
Duration of Trade: 149 days

Trade History:

21-Feb-07 - Initial Stock Position - BTO 100 NVT @ 34.31 -
21-Feb-07 - Initial Call Option - STO 1 Jul07 35.00 Call @ 3.13 - Exercised
20-Jul-07 - Option Exercised - EX 1 Jul07 35.00 Call @ 35.00 -