Sunday, December 21, 2008

TLT - Closed

The TLT position was called away for a profit today. The following is the trade history and returns, including IB commissions.

Covered Call Results

Stock Investment: $11,071.00
Income Generated: $209.00
Net Profit: $238.00
Percent Return: 2.15%
Annualized Return: 112.09%
Duration of Trade: 7 days

Trade History:

09-Dec-08 - Initial Stock Position - BTO 100 TLT @ 110.71 -
09-Dec-08 - Initial Call Option - STO 1 Dec08 111.00 Call @ 2.09 - Exercised
16-Dec-08 - Option Exercised - EX 1 Dec08 111.00 Call @ 111.00 -