Wednesday, July 23, 2008

EXP - Adjustment

The following adjustments were made today on EXP:

I decided to split the EXP position into 2 positions of 100 shares each and manage each one separately. Each has a different cost basis, allowing me to sell different strike prices, which provides a bit more flexability in managing these positions.

EXP Position #1

23-Jul-08 - Interim Trade - STO 1 Oct08 30.00 Call @ 0.54 -

Current Position Summary:

Stock Investment: $7,060.00
Income Generated: $1,796.95
Percent Income Generated: 25.45%
Annualized Income Generated: 10.24%
Net Profit If Called: -$2,263.05
Percent Return If Called: -32.05%
Annualized Return If Called: -12.90%
Days to Expiration: 907 days

Trade History:

24-Apr-06 - Initial Stock Position - BTO 100 EXP @ 70.60 -
24-Apr-06 - Initial Call Option - STO 1 May06 65.00 Call @ 8.29 - Expired
22-May-06 - Continued Trade - STO 1 Oct06 60.00 Call @ 2.39 -
20-Jul-06 - Dividend Received - DIV 100 Dividend @ 0.18 -
25-Jul-06 - Buy Back & Roll Out/Down - BTC 1 Oct06 60.00 Call @ -0.21 - Closed
25-Jul-06 - Interim Trade - STO 1 Jan07 50.00 Call @ 2.19 - Closed
23-Oct-06 - Buy Back & Roll Down - BTC 1 Jan07 50.00 Call @ -0.26 -
23-Oct-06 - Interim Trade - STO 1 Jan07 40.00 Call @ 1.34 - Closed
02-Nov-06 - Dividend Received - DIV 100 Dividend @ 0.18 -
19-Dec-06 - Buy Back & Roll Out/Up - BTC 1 Jan07 40.00 Call @ -3.41 -
19-Dec-06 - Interim Trade - STO 1 Jul07 45.00 Call @ 4.39 - Closed
05-Jul-07 - Buy Back & Roll Out/Up - BTC 1 Jul07 45.00 Call @ -5.41 -
05-Jul-07 - Interim Trade - STO 1 Jan08 55.00 Call @ 3.29 - Closed
20-Jul-07 - Dividend Received - DIV 100 Dividend @ 0.20 -
24-Oct-07 - Buy Back & Roll Down - BTC 1 Jan08 55.00 Call @ -0.16 -
24-Oct-07 - Interim Trade - STO 1 Jan08 45.00 Call @ 0.69 - Expired
05-Nov-07 - Dividend Received - DIV 100 Dividend @ 0.20 -
21-Jan-08 - Dividend Received - DIV 100 Dividend @ 0.20 -
24-Jan-08 - Interim Trade - STO 1 Feb08 35.00 Call @ 1.29 - Expired
21-Feb-08 - Interim Trade - STO 1 Apr08 40.00 Call @ 0.84 - Expired
18-Apr-08 - Dividend Received - DIV 100 Dividend @ 0.20 -
23-Apr-08 - Interim Trade - STO 1 Jul08 40.00 Call @ 0.99 - Expired
23-Jul-08 - Interim Trade - STO 1 Oct08 30.00 Call @ 0.54 -

EXP Position #2

23-Jul-08 - Interim Trade - STO 1 Sep08 30.00 Call @ 0.34 -

Current Position Summary:

Stock Investment: $3,796.00
Income Generated: $456.20
Percent Income Generated: 12.02%
Annualized Income Generated: 13.25%
Net Profit If Called: -$339.80
Percent Return If Called: -8.95%
Annualized Return If Called: -9.87%
Days to Expiration: 331 days

Trade History:

24-Oct-07 - Initial Stock Position - BTO 100 EXP @ 37.96 -
24-Oct-07 - Initial Call Option - STO 1 Jan08 45.00 Call @ 0.69 - Expired
21-Jan-08 - Dividend Received - DIV 100 Dividend @ 0.20 -
24-Jan-08 - Interim Trade - STO 1 Feb08 35.00 Call @ 1.29 - Expired
21-Feb-08 - Interim Trade - STO 1 Apr08 40.00 Call @ 0.84 - Expired
18-Apr-08 - Dividend Received - DIV 100 Dividend @ 0.20 -
23-Apr-08 - Interim Trade - STO 1 Jul08 40.00 Call @ 0.99 - Expired
23-Jul-08 - Interim Trade - STO 1 Sep08 30.00 Call @ 0.34 -