Tuesday, September 23, 2008

BHP - New Position

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

23-Sep-08 - Initial Stock Position - BTO 100 BHP @ 62.43
23-Sep-08 - Initial Call Option - STO 1 Oct08 60.00 Call @ 5.10

Stock Investment: $6,243.00
Income Generated: $510.00
Percent Income Generated: 8.17%
Annualized Income Generated: 124.24%
Net Profit If Called: $267.00
Percent Return If Called: 4.28%
Annualized Return If Called: 65.04%
Days Held to Expiration: 24 days