Tuesday, September 23, 2008

AXP - New Position

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

23-Sep-08 - Initial Stock Position - BTO 100 AXP @ 37.26
23-Sep-08 - Initial Call Option - STO 1 Oct08 35.00 Call @ 3.67

Stock Investment: $3,726.00
Income Generated: $367.00
Percent Income Generated: 9.85%
Annualized Income Generated: 149.80%
Net Profit If Called: $141.00
Percent Return If Called: 3.78%
Annualized Return If Called: 57.55%
Days Held to Expiration: 24 days