Tuesday, March 3, 2009

Adjustment - GE

As GE continues to go south, I have to adjust my position to increase cash income.

GE (2 Different Positions Combined)
BTO 600 shares Total Cost ($16,455.88) Original Cost not MTM adjusted
Income to Date $1,884.90
Average Holding of Combined Positions 99 days
Income 11.45% to date, Monthly 3.47%, Annual 41.64%
STO 6 17.5 Jan 09 @ 0.33 Income $185.04 Expired
STO 6 15 Feb 09 @0.20 Income $107.04
Dividend Received Income $186.00
BTC 6 15 Feb 09 @ 0.05 ($42.95) Buyback / roll out and down
STO 6 13 Feb 09 @ 0.19 Income $101.04 Expired
STO 6 11 Mar09 @ 0.25 Income $137.04
BTC 6 11 Mar 09 @0.06 ($48.95)
STO 6 9 Mar 09 @0.19 Income $101.04
If Exercised Net –49.54% , Monthly –7.82%, Annual --95.16% NOTE: Must watch for roll out/up

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