Wednesday, November 28, 2007

AXP - New Position

A new position was established today on AXP. The following is the trade information, including IB commissions:

28-Nov-07 - Initial Stock Position - BTO 100 AXP @ 56.74
28-Nov-07 - Initial Call Option - STO 1 Dec07 55.00 Call @ 3.21

Stock Investment: $5.674.00
Income Generated: $321.00
Percent Income Generated: 5.66%
Annualized Income Generated: 89.78%
Net Profit If Called: $147.00
Percent Return If Called: 2.59%
Annualized Return If Called: 41.11%
Days to Expiration: 23 days