Sunday, August 19, 2007

EXBD - Closed

The EXBD Aug07 65.00 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: $6,745.00
Income Generated: $349.00
Net Profit: $104.00
Percent Return: 1.54%
Annualized Return: 26.80%
Duration of Trade: 21 days

Buy & Hold Comparison

Opening Price: $67.45
Closing Price: $69.81
P/L per Share: $2.36
Shares: 100
Dividends: $0.00
Net Profit: $236.00
Percent Return: 3.50%
Annualized Return: 60.81%
Duration of Trade: 21 days

Trade History:

27-Jul-07 - Initial Stock Position - BTO 100 EXBD @ 67.45 -
27-Jul-07 - Initial Call Option - STO 1 Aug07 65.00 Call @ 3.49 - Exercised
17-Aug-07 - Option Exercised - EX 1 Aug07 65.00 Call @ 65.00 -