Thursday, April 16, 2009

UTX - Adjustment

The following adjustment was made today on UTX:

16-Apr-09 - Buy Back and Roll Out - BTC 1 Apr09 45.00 Call @ -2.90 -
16-Apr-09 - Interim Trade - STO 1 May09 45.00 Call @ 3.89 -

The Apr09 45.00 call was ITM with less than $0.05 time value remaining. This position would have resulted in a loss if called, so I rolled it out to a May09 45.00 call in order to avoid assignment. I received a net credit on the roll of $99.00.

Current Position Summary:

Stock Investment: $7,524.00
Income Generated: $972.60
Percent Income Generated: 12.93%
Annualized Income Generated: 13.48%
Net Profit If Called: -$2,051.40
Percent Return If Called: -27.26%
Annualized Return If Called: -28.43%
Days Held to Expiration: 350 days

Trade History:

02-May-08 - Initial Stock Position - BTO 100 UTX @ 75.24 -
02-May-08 - Initial Call Option - STO 1 Jun08 75.00 Call @ 2.37 - Expired
10-Jun-08 - Dividend Received - DIV 100 Dividend @ 0.32 -
07-Jul-08 - Interim Trade - STO 1 Aug08 70.00 Call @ 0.26 - Expired
22-Aug-08 - Interim Trade - STO 1 Sep08 70.00 Call @ 0.35 - Closed
10-Sep-08 - Dividend Received - DIV 100 Dividend @ 0.32 -
12-Sep-08 - Buy Back & Roll Out - BTC 1 Sep08 70.00 Call @ -0.06 -
12-Sep-08 - Interim Trade - STO 1 Oct08 70.00 Call @ 0.69 - Expired
20-Oct-08 - Interim Trade - STO 1 Nov08 60.00 Call @ 0.39 - Expired
24-Nov-08 - Interim Trade - STO 1 Dec08 55.00 Call @ 0.79 - Expired
10-Dec-08 - Dividend Received - DIV 100 Dividend @ 0.39 -
22-Dec-08 - Interim Trade - STO 1 Feb09 60.00 Call @ 0.60 - Closed
23-Jan-09 - Buy Back and Roll Down - BTC 1 Feb09 60.00 Call @ -0.06 -
23-Jan-09 - Interim Trade - STO 1 Feb09 50.00 Call @ 0.90 - Expired
24-Feb-09 - Interim Trade - STO 1 Mar09 45.00 Call @ 0.88 - Expired
10-Mar-09 - Dividend Received - DIV 100 Dividend @ 0.39 -
24-Mar-09 - Interim Trade - STO 1 Apr09 45.00 Call @ 1.20 - Closed
16-Apr-09 - Buy Back and Roll Out - BTC 1 Apr09 45.00 Call @ -2.90 -
16-Apr-09 - Interim Trade - STO 1 May09 45.00 Call @ 3.89 -