LM - Closed - coveredwriter

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LM - Closed
Sep 21, 2009 04:32 AM UTC

coveredwriter

Return	Risk
+0.00%	N/A

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Profile & Performance

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Symbol	Sentiment	Start	Return	Closed
LM	n/a

Via My Covered Call Blog:

The Legg Mason (LM) position was exercised on Fri and the stock was called away for a profit. The following is the trade history and returns, including IB commissions.

I allowed this second LM CC position to be called away for a small profit to free up the capital.

Trade Results

Stock Investment: $2,672.99
Income Generated: $410.30
Net Profit: $37.31
Percent Return: 1.40%
Annualized Return: 13.41%
Duration of Trade: 38 days

Trade History:

11-Aug-09 - Second Stock Position - BTO 100 LM @ 26.73 -
11-Aug-09 - Initial Call Option - STO 1 Sep09 23.00 Call @ 4.10 - Exercised
18-Sep-09 - Option Exercised - EX 1 Sep09 23.00 Call @ 23.00 -

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