Trade - 6/3/09 - TK

STO (5) Naked Put - TK (Teekay) June 09 @ $15 for $.70 each. Net Premium $347.

Risk Management:

Ticker: TK
Expiratoin: 19-Jun-09
Invest Date 03-Jun-09

Current Stock Price $15.78
Strike Price $15.00
Premium $0.70
Annual Dividend $1.27

Days to Expiration 16
Return (Assumes CSP) 4.67%
Annualized Return 106.46%
Downside Protection 9.38%
Effective Dividend if Put 8.85%