Sunday, September 23, 2012

NVS - Closed

The Novartis (NVS) Sep12 60.00 Call was exercised and the position was closed. All prices include IB commissions.

Note: This was the second position on NVS.

Position Summary

Cost Basis$5,500.00
Net Profit$692.05
Percent Return12.58%
Annualized Return21.66%
Days Held to Expiration212 days

Trade History

DateStockDescriptionTransactionStatusStock InvestmentIncome Generated
2/22/2012NVSCSP Margin UsedCSP 100 NVS @ 55.00 ($5,500.00) 
2/22/2012NVSInitial Put OptionSTO 1 Mar12 55.00 Put @ 0.79Exercised $78.97
3/16/2012NVSCSP Margin ReturnedCSP 100 NVS @ -55.00 $5,500.00 
3/16/2012NVSStock AssignedEX 1 Mar12 55.00 Put @ -55.00Called($5,500.00) 
3/19/2012NVSContinued TradeSTO 1 May12 57.50 Call @ 0.59Expired $58.97
7/27/2012NVSContinued TradeSTO 1 Sep12 60.00 Call @ 0.54Exercised $54.25
9/21/2012NVSStock CalledEX 1 Sep12 60.00 Call @ 60.00  $5,999.87
9/21/2012NVS Net Cost/Profit-Loss ($5,500.00)$692.05
DTE212 Percent Profit-Loss/Annualized 12.58%21.66%