Monday, December 24, 2007

URBN - Closed

The URBN Dec07 25.00 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: $2,512.00
Income Generated: $301.00
Net Profit: $289.00
Percent Return: 11.50%
Annualized Return: 22.70%
Duration of Trade: 185 days

Buy & Hold Comparison

Opening Price: $25.12
Closing Price: $27.09
P/L per Share: $1.97
Shares: 100
Dividends: $0.00
Net Profit: $197.00
Percent Return: 7.84%
Annualized Return: 15.47%
Duration of Trade: 185 days

Trade History:

19-Jun-07 - Initial Stock Position - BTO 100 URBN @ 25.12 -
19-Jun-07 - Initial Call Option - STO 1 Dec07 25.00 Call @ 3.01 - Exercised
21-Dec-07 - Option Exercised - EX 1 Dec07 25.00 Call @ 25.00 -