Results for (TSE:MG)
Page Generated 2017-07-26 20:11:14
Trading in 1000 shares at a time, commissions calculated using Scotia ITrade commission schedule. Showing 1 year history.
Our margin cost $709.95 (at 2.70% PA, non-compounding) reducing our profit to $7975.14 (less commissions). (Since we currently hold stock, the margin finance cost is $135.00/month.)
There are covered calls outstanding; this means that we are potentially on the hook for selling our shares for $62.00 if the calls are assigned. If this happens, our final profit would be $10685.09
OPTIONific generated revenue of $8815.10 compared to a buy-and-hold gain of $8350.00
Note: Trading in options can result in significant financial loss. You are viewing this website at your own risk. The opinions expressed herein are for educational purposes only. The information presented may contain errors and is not guaranteed. THIS IS A PRELIMINARY VERSION OF THE PROGRAM AND HAS NOT BEEN THOROUGHLY TESTED -- IF THE RESULTS LOOK TOO GOOD TO BE TRUE, IT'S PROBABLY A BUG! :-).
OPTIONific is an automatic trading recommendation program that is currently being developed by Robert Krten (Personal Website) (Linked-in Profile) NEW! The algorithm for the trading AI is now documented in a web article!
Please visit the OPTIONific website for more details. Interest in security? Then take a look at how to make your Internet of Things (IoT) secure from attack