Monday, July 21, 2008

Call Exercised - July BMY, SCHW, VZ, GE, JPM, TRA

While on vacation the following options were exercised:
ACCOUNT 1
BMY net after 22 days 2.51% (includes dividend to be paid) monthly 3.42%, annual 49.6%
SCHW net after 168 days 6.34 %, monthly 1.13%, annual 14.5%

ACCOUNT 2
GE net after 16 days 2.44%, monthly 4.57%, annual 55.66%
JPM net after 15 days 1.64%, monthly 3.28%, annual 39.95%
TRA net after 16 days 1.69%, monthly 3.17%, annual 38.62%
VZ net after 16 days 1.87%, monthly 3.51%, annual 42.70%

All returns include commissions. I am now evaluating remaining stocks and determining next actions: sell stock, sell options, etc. I am also evaluating new positions to establish.

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