Wednesday, July 25, 2007

OSUR - Closed

The OSUR position was closed today in order to reallocate the cash. This was an old position that no longer meets my criteria. The following is the trade history and returns, including IB commissions.

Covered Call Results

Stock Investment: $1,042.00
Income Generated: $276.00
Net Profit: $64.00
Percent Return: 6.14%
Annualized Return: 4.56%
Duration of Trade: 492 days

Buy & Hold Comparison

Opening Price: $10.42
Closing Price: $8.30
P/L per Share: -$2.12
Shares: 100
Dividends: $0.00
Net Profit: -$212.00
Percent Return: -20.35%
Annualized Return: -15.09%
Duration of Trade: 492 days

Trade History:

20-Mar-06 - Initial Stock Position - BTO 100 OSUR @ 10.42 - Closed
20-Mar-06 - Initial Call Option - STO 1 Jul06 10.00 Call @ 1.49 - Expired
24-Jul-06 - Continued Trade - STO 1 Jan07 10.00 Call @ 0.89 - Closed
19-Dec-06 - Buy Back & Roll Out - BTC 1 Jan07 10.00 Call @ -0.11 -
19-Dec-06 - Continued Trade - STO 1 Jul07 10.00 Call @ 0.49 - Expired
25-Jul-07 - Position Closed - STC 1 Closed @ 8.30 -