Sunday, September 23, 2007

CTSH - Closed

The CTSH Sep07 70.00 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.

This was the position I established mid-month after closing EBAY & RS early. The result was an extra $134 profit for the month.

Covered Call Results

Stock Investment: $7,126.00
Income Generated: $289.00
Net Profit: $163.00
Percent Return: 2.29%
Annualized Return: 59.64%
Duration of Trade: 14 days

Buy & Hold Comparison

Opening Price: $71.26
Closing Price: $75.86
P/L per Share: $4.60
Shares: 100
Dividends: $0.00
Net Profit: $460.00
Percent Return: 6.46%
Annualized Return: 168.30%
Duration of Trade: 14 days

Trade History:

07-Sep-07 - Initial Stock Position - BTO 100 CTSH @ 71.26 -
07-Sep-07 - Initial Call Option - STO 1 Sep07 70.00 Call @ 2.89 - Exercised
21-Sep-07 - Option Exercised - EX 1 Sep07 70.00 Call @ 70.00 -