Sunday, August 19, 2012

So my shares were assigned so totals are in for the first week:


8/13/12  Bought 300 shares of GMCR @ $24.05.  Total investment of $7224.99.
8/13/12  Sold 3 $24 call options @ $0.70 for a total credit of $197.80.
8/14/12  Bought 200 shares of FSLR @ $20.10.  Total investment of $4029.99.
8/14/12  Sold 2 $20 call options @ .60 for a total credit of $108.55.

Sold 300 shares of GMCR @ $24 minus assignment fee = $7180.
Sold 200 shares of FSLR @ $20 minus assignment fee = $3980.

So initial investment:  $11,254.98  (Used $1555 of margin)
Proceeds from sale:  $11,160.00
Proceeds from calls:  $306.55
Total proceeds for the week: + $211.57
ROI of 1.88%
Return on the account of 2.18%

Account now stands at $9911.57 after 1 week.

Tomorrow (Monday, 8/20/12) I will open another position and sell calls against it.

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