Thursday, January 24, 2008

PFE - New Position

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

24-Jan-08 - Initial Stock Position - BTO 200 PFE @ 22.83
24-Jan-08 - Initial Call Option - STO 2 Mar08 22.50 Call @ 0.97
04-Mar-08 - Dividend Received - DIV 200 Dividend @ 0.32

Summary without the dividend if called early on Ex-Dividend date:

Stock Investment: $4,565.00
Income Generated: $193.00
Percent Income Generated: 4.23%
Annualized Income Generated: 118.70%
Net Profit If Called: $128.00
Percent Return If Called: 2.80%
Annualized Return If Called: 78.73%
Days to Expiration: 13 days

Summary with the dividend if called at option expiration:

Stock Investment: $4,565.00
Income Generated: $257.00
Percent Income Generated: 5.63%
Annualized Income Generated: 36.05%
Net Profit If Called: $192.00
Percent Return If Called: 4.21%
Annualized Return If Called: 26.93%
Days to Expiration: 57 days

Dividend Information:

Ex-Dividend Date: 02/06/08
Dividend Pay Date: 03/04/08
Dividend Rate: $1.28
Dividend Yield: 5.60%