22-08-07

Outperformance persists.

The order to sell 1.000 DENDREON (DNDN - USD 7.55) at our limit price of USD 7.55 was filled. Taking into account the received premiums on the options we realize a profit of USD 2.050,- or almost 30% in 3 months.

We have been managing the portfolio now for 8 months. The results are satisfactory. We achieve a relative outperformance against the major indices, as can be seen in the table below:

IndexReturn since Dec. 19, 2006Average monthly return
Option Portfolio+ 9,87 %+ 1,23 %
S&P 500+ 1,33 %+ 0,17 %
Nasdaq+ 3,01 %+ 0,38 %
EuroStoxx50+ 1,78 %+ 0,22 %

09:39 Gepost door in Portfolio | Permalink | Commentaren (0) | Tags: dndn |  Facebook |