Friday, September 19, 2008

GE Rolled Out

With the high probability that GE would be suspended from short trading by Monday, I decided to roll it out today.

GE BTO 400 shares @ 29.86 ($11,953.95)
STO 4 30 Sep 08 @0.78 Income $267.04 Expired
BTC 4 30 Sep 08 @ 0.01 ($12.95)
STO 4 29 Oct 08 @ 1.06 Income $397.08
Dividend $124 Payable 27 Oct
If Exercised 3.71% Net, Monthly 1.89%, Annual 22.94%

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