Thursday, November 13, 2008

TIP - Closed

The second TIP position was assigned on Wed 11/12/08 and called away for a profit. I'll establish a new position either tomorrow or next week.

The following is the trade history and returns, including IB commissions.

Stock Investment: $9,260.00
Income Generated: $49.00
Net Profit: $89.00
Percent Return: 0.96%
Annualized Return: 38.98%
Duration of Trade: 9 days

Trade History:

03-Nov-08 - Initial Stock Position - BTO 100 TIP @ 92.60 -
03-Nov-08 - Initial Call Option - STO 1 Nov08 93.00 Call @ 0.49 - Exercised
12-Nov-08 - Option Exercised - EX 1 Nov08 93.00 Call @ 93.00 -