Apple Inc. (AAPL) -- Closed
The transaction was as follows:
01/05/2015 Sold 2 Apple Inc. Jan 9, 2015 $105.00 Puts @ $1.12
Note: The price of AAPL was $106.53 when this transaction was executed
01/09/2015 2 AAPL Jan 9th $105.00 short Put options expired
Note: the price of AAPL was $112.01 upon options expiration yesterday
The Covered Calls Advisor does not use margin, so the return-on-investment information on this position and some potential results shown below reflect the fact that this position was established using 100% cash securitization for the two Put options sold.
The overall performance result (including commissions) for this transaction was as follows:
100% Cash-Secured Cost Basis: $21,000.00
= $105.00*200
Note: the price of AAPL was $106.53 when these Put options were sold.
Net Profit:
(a) Options Income: +$213.55
= ($1.12*200 shares) - $10.45 commissions
(b) Dividend Income: +$0.00
(c) Capital Appreciation (AAPL closed above the $105.00 strike price at Jan 9th, 2015 expiration): +$0.00
= ($105.00-$105.00)*200 shares
Total Net Profit (AAPL closed above $105.00 strike so the short options expired worthless): +$213.55
= (+$213.55 +$0.00 +$0.00)
Absolute Return: +1.0%
= +$213.55/$21,000.00
Annualized Return: +74.2%
= (+$213.55/$21,000.00)*(365/5 days)