$HAL Sold a covered call

Today’s date	8-Mar-12
Stock	HAL
Number of shares purchased	500
Stock price per share at outset	$ 34.210
Stock commission	$ -
Anticipated dividends (per share)	$ -
Possible number of additional shares (Line 24)	500
Number of calls sold	5
Call option strike price	$ 38.00
Call option price (per share)	$ 0.5000
Number of puts sold	0
Put option strike price	$ -
Put option price (per share)	$ -
Option commission (puts and calls)	$ -
Expiration month
Days to expiration	8
Now you can follow the step-by-step calculations:
Purchase price of shares	$ 17,105.00
Plus stock commission	$ -
Total stock cost		$ 17,105.00
Option premium received on sale of call options	$ 250.00
Less commission on calls	$ (5.00)
Equals net call option premium	$ 245.00
Option premium received on sale of put options	$ -
Less commission on puts	$ -
Equals net put option premium	$ -
Offset by total net premium		$ 245.00
Total cost of position		$ 16,860.00
Deposit cash for stock purchase		$ -
Total Investment - Cash		$ 16,860.00
Breakeven per share (above put strike)		$33.720
Proceeds from selling called shares at strike	$ 19,000.00
Less commission on stock sale	$ -
Less total (initial) stock cost	$ (17,105.00)
Equals profit on stock		$ 1,895.00
Plus net option premium		$ 245.00
Plus projected dividends on shares		$ -
Net profit on total position		$2,140.00
Percentage return		12.69%
Annualized return*		579.11%