Saturday, August 16, 2008

BBT - Closed

The BBT Aug08 27.50 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: $2,833.00
Income Generated: $222.00
Percent Income Generated: 7.84%
Annualized Income Generated: 130.01%
Net Profit If Called: $139.00
Percent Return If Called: 4.91%
Annualized Return If Called: 81.40%
Days Held to Expiration: 22 days

Buy & Hold Comparison

Opening Price: $28.33
Closing Price: $30.08
P/L per Share: $1.75
Shares: 100
Dividends: $0.00
Net Profit: $175.00
Percent Return: 6.18%
Annualized Return: 102.49%
Duration of Trade: 22 days

Trade History:

24-Jul-08 - Initial Stock Position - BTO 100 BBT @ 28.33 -
24-Jul-08 - Initial Call Option - STO 1 Aug08 27.50 Call @ 2.22 - Exercised
15-Aug-08 - Option Exercised - EX 1 Aug08 27.50 Call @ 27.50 -