Friday, December 17, 2010

Christmas Bonus:

Twas the week before Christmas and my XLU position got called away the day before the ex-Dividend. The numbers are as follows:
Bought 200 shares exactly a year ago: $6337 (all figures include commissions)
Dividends received: $253; net call premiums (sold and rolled): $672
Stock sale (after $9 commission): $5991
Net profit for a year: $579, or 9.14% annualized, with very little risk or monitoring.
Happy Holidays !!!

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