GE - Adjustment

The following adjustment was made today on General Electric (GE):

16-Jun-09 - Buy Back and Roll Out - BTC 1 Jun09 11.00 Call @ -1.97 -
16-Jun-09 - Interim Trade - STO 1 Sep09 11.00 Call @ 2.46 -

Ex-dividend date for GE is 6/18 and they will pay a $0.10/share dividend on 7/27. The Jun09 11 call was ITM with about $0.01 time value remaining and was therefore in danger of an early exercise to capture the dividend. So, I rolled out to a Sep09 11 call for a net credit of $49.

Current Position Summary:

Stock Investment: $2,501.00
Income Generated: $477.00
Percent Income Generated: 19.07%
Annualized Income Generated: 19.34%
Net Profit If Called: -$924.00
Percent Return If Called: -36.95%
Annualized Return If Called: -37.46%
Days Held to Expiration: 360 days

Trade History:

23-Sep-08 - Initial Stock Position - BTO 100 GE @ 25.01 -
23-Sep-08 - Initial Call Option - STO 1 Oct08 25.00 Call @ 1.79 - Expired
20-Oct-08 - Interim Trade - STO 1 Nov08 22.00 Call @ 0.34 - Expired
22-Dec-08 - Interim Trade - STO 1 Feb09 18.00 Call @ 0.48 - Expired
26-Jan-09 - Dividend Received - DIV 100 Dividend @ 0.31 -
24-Feb-09 - Interim Trade - STO 1 Apr09 11.00 Call @ 0.51 - Closed
17-Apr-09 - Buy Back and Roll Out - BTC 1 Apr09 11.00 Call @ -1.58 -
17-Apr-09 - Interim Trade - STO 1 May09 11.00 Call @ 1.87 - Closed
27-Apr-09 - Dividend Received - DIV 100 Dividend @ 0.31 -
04-May-09 - Buy Back and Roll Out - BTC 1 May09 11.00 Call @ -2.15 -
04-May-09 - Interim Trade - STO 1 Jun09 11.00 Call @ 2.40 - Closed
16-Jun-09 - Buy Back and Roll Out - BTC 1 Jun09 11.00 Call @ -1.97 -
16-Jun-09 - Interim Trade - STO 1 Sep09 11.00 Call @ 2.46 -