Wednesday, December 10, 2008

PFCB - Adjustment

The following adjustment was made today on PFCB:

10-Dec-08 - Buy Back and Roll Out/Up - BTC 1 Dec08 20.00 Call @ -3.11 -
10-Dec-08 - Second Stock Position - BTO 100 PFCB @ 22.73 -
10-Dec-08 - Combined Cost Basis - $5,851.00 200 @ 29.26 -
10-Dec-08 - Interim Trade - STO 2 Apr09 25.00 Call @ 2.89 -

The PFCB Dec09 20.00 call was ITM with less than $0.10 time value left so I averaged down and rolled out/up to an Apr09 25.00 call. I avoided a $900+ loss and am now looking at a possible $60+ dollar gain if it's called in Apr. However, I'll most likely roll it again if it goes up above $25 in Apr.

Current Position Summary:

Stock Investment: $5,851.00
Income Generated: $914.60
Percent Income Generated: 15.63%
Annualized Income Generated: 9.42%
Net Profit If Called: $63.60
Percent Return If Called: 1.09%
Annualized Return If Called: 0.65%
Days Held to Expiration: 606 days

Trade History:

20-Aug-07 - Initial Stock Position - BTO 100 PFCB @ 35.78 -
20-Aug-07 - Initial Call Option - STO 1 Sep07 35.00 Call @ 2.30 - Expired
24-Sep-07 - Continued Trade - STO 1 Oct07 35.00 Call @ 0.39 - Expired
25-Oct-07 - Continued Trade - STO 1 Jan08 35.00 Call @ 0.22 - Expired
24-Jan-08 - Interim Trade - STO 1 Feb08 30.00 Call @ 0.65 - Expired
21-Feb-08 - Interim Trade - STO 1 Mar08 30.00 Call @ 0.74 - Expired
25-Mar-08 - Continued Trade - STO 1 Apr08 35.00 Call @ 0.34 - Expired
24-Apr-08 - Continued Trade - STO 1 Jun08 35.00 Call @ 0.49 - Expired
24-Jul-08 - Interim Trade - STO 1 Sep08 30.00 Call @ 0.63 - Closed
12-Sep-08 - Buy Back & Roll Out - BTC 1 Sep08 30.00 Call @ -0.06 -
12-Sep-08 - Interim Trade - STO 1 Oct08 30.00 Call @ 0.09 - Expired
20-Oct-08 - Interim Trade - STO 1 Nov08 22.50 Call @ 0.34 - Expired
20-Oct-08 - Interim Trade - STO 1 Nov08 22.50 Call @ 0.34 - Expired
24-Nov-08 - Interim Trade - STO 1 Dec08 20.00 Call @ 0.34 - Closed
10-Dec-08 - Buy Back and Roll Out/Up - BTC 1 Dec08 20.00 Call @ -3.11 -
10-Dec-08 - Second Stock Position - BTO 100 PFCB @ 22.73 -
10-Dec-08 - Combined Cost Basis - $5,851.00 200 @ 29.26 -
10-Dec-08 - Interim Trade - STO 2 Apr09 25.00 Call @ 2.89 -