Wednesday, November 10, 2010


I just got the dreaded (?) phone call from Schwab's auto-phone that my DD (Dupont) was called away prematurely yesterday. Bot in August, the Call was due to expire in the 3rd week of January (ex-D is today). Unlike the previous callaway - DUK- I timed this correctly, so sans today's dividend, my net profit (net of my commissions) was an annualized 12.4%, much better than the SIR DUK.
Cost: $4174
Call sold:$571
Stock called:$3691
Net:$129 for 3 months

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