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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: | Index | Return since Dec. 19, 2006 | Average monthly return |
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| Option Portfolio | + 9,87 % | + 1,23 % |
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| S&P 500 | + 1,33 % | + 0,17 % |
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| Nasdaq | + 3,01 % | + 0,38 % |
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| EuroStoxx50 | + 1,78 % | + 0,22 % |
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22-08-2007, 09:39:22
DNDN 
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