Saturday, July 18, 2009

BAC - Adjustment

The following adjustment was made Friday on Bank of Americe (BAC):

17-Jul-09 - Buy Back and Roll Out - BTC 1 Jul09 11.00 Call @ -1.87 -
17-Jul-09 - Interim Trade - STO 1 Aug09 11.00 Call @ 2.09 -

I bought back the Jul09 11 Call and rolled it out to a Aug09 11 Call, in order to avoid assignment, for a net credit of $22.00.

Current Position Summary:

Stock Investment: $3,372.00
Income Generated: $835.80
Percent Income Generated: 24.79%
Annualized Income Generated: 27.33%
Net Profit If Called: -$1,436.20
Percent Return If Called: -42.59%
Annualized Return If Called: -46.97%
Days Held to Expiration: 331 days

Trade History:

24-Sep-08 - Initial Stock Position - BTO 100 BAC @ 33.72 -
24-Sep-08 - Initial Call Option - STO 1 Oct08 32.50 Call @ 3.21 - Expired
26-Sep-08 - Dividend Received - DIV 100 Dividend @ 0.64 -
20-Oct-08 - Interim Trade - STO 1 Nov08 27.50 Call @ 0.73 - Expired
24-Nov-08 - Interim Trade - STO 1 Dec08 17.50Call @ 0.47 - Expired
22-Dec-08 - Interim Trade - STO 1 Jan09 16.00 Call @ 0.47 - Expired
26-Dec-08 - Dividend Received - DIV 100 Dividend @ 0.32 -
22-Jan-09 - Interim Trade - STO 1 Mar09 9.00 Call @ 0.67 - Expired
24-Mar-09 - Interim Trade - STO 1 Apr09 9.00 Call @ 0.60 - Closed
27-Mar-09 - Dividend Received - DIV 100 Dividend @ 0.01 -
14-Apr-09 - Buy Back and Roll Out/Up - BTC 1 Apr09 9.00 Call @ -1.76 -
14-Apr-09 - Interim Trade - STO 1 May09 10.00 Call @ 2.05 - Closed
15-May-09 - Buy Back and Roll Out/Up - BTC 1 May09 10.00 Call @ -0.73 -
15-May-09 - Interim Trade - STO 1 Jun09 11.00 Call @ 1.15 - Closed
18-Jun-09 - Buy Back and Roll Out - BTC 1 Jun09 11.00 Call @ -1.88 -
18-Jun-09 - Interim Trade - STO 1 Jul09 11.00 Call @ 2.18 - Closed
26-Jun-09 - Dividend Received - DIV 100 Dividend @ 0.01 -
17-Jul-09 - Buy Back and Roll Out - BTC 1 Jul09 11.00 Call @ -1.87 -
17-Jul-09 - Interim Trade - STO 1 Aug09 11.00 Call @ 2.09 -