Monday, July 7, 2008

Bristol Myers Squibb Co. (BMY) Not Excercised

BMY went ex-dividend on 7/2/08 and my 20 Jul 08 call was not excerised. Therefore, I will receive the dividend 0.31 per share payable 8/1/08. The stock could still be exercised 7/18. If excercised on 18th the total income, when dividend paid, will be 31.74 from CC and 31.00 from dividend for a total of $61.74 on a purchase of $1995.74. Monthly return - 3.27% and Annual return - 39.2% If not excerised I will evaluate whether to sell stock or sell another CC.

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