Thursday, July 24, 2008

VMC - New Position

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

24-Jul-08 - Initial Stock Position - BTO 100 VMC @ 63.00
24-Jul-08 - Initial Call Option - STO 1 Aug08 60.00 Call @ 5.80

Stock Investment: $6,300.00
Income Generated: $580.00
Percent Income Generated: 9.21%
Annualized Income Generated: 152.74%
Net Profit If Called: $280.00
Percent Return If Called: 4.44%
Annualized Return If Called: 73.74%
Days Held to Expiration: 22 days