Friday, August 22, 2008

AXP - New Position

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

22-Aug-08 - Initial Stock Position - BTO 100 AXP @ 37.99
22-Aug-08 - Initial Call Option - STO 1 Sep08 37.5 Call @ 2.05

Stock Investment: $3,799.00
Income Generated: $205.00
Percent Income Generated: 5.40%
Annualized Income Generated: 70.34%
Net Profit If Called: $156.00
Percent Return If Called: 4.11%
Annualized Return If Called: 53.53%
Days Held to Expiration: 28 days