Trade - 5/19/09 - BBT

STO (3) Covered Calls - BBT June 09 @ $24 for $1.25 each. Net Premium $373.

The Covered Call is managing a current position of 300 shares of BBT. This is a monthly return of 5.4% (65% annualized) based on current stock price. If the stock closes above 24 at expiration I will get an extra 4%.