Sunday, April 20, 2008

KEY - Closed

The KEY Apr08 22.50 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: $4,609.00
Income Generated: $415.60
Net Profit: $306.60
Percent Return: 6.65%
Annualized Return: 43.36%
Duration of Trade: 56 days

Buy & Hold Comparison

Opening Price: $23.05
Closing Price: $24.67
P/L per Share: $1.62
Shares: 200
Dividends: $75.00
Net Profit: $399.00
Percent Return: 8.66%
Annualized Return: 56.41%
Duration of Trade: 56 days

Trade History:

22-Feb-08 - Initial Stock Position - BTO 200 KEY @ 23.05 -
22-Feb-08 - Initial Call Option - STO 2 Apr08 22.50 Call @ 1.70 - Exercised
14-Mar-08 - Dividend Received - DIV 200 Dividend @ 0.38 -
18-Apr-08 - Option Exercised - EX 2 Apr08 22.50 Call @ 22.50 -