A new position was established today on Chevron Corporation (CVX). All prices include IB commissions.
Criteria for Selection:
- Dividend Champions Status = Contender
- Years of Consecutive Dividend Increases = 22
- Years of Positive Free Cash Flow (last 10 years) = 9
NOTE: This is a consolidated position which uses the average starting date and combines the average cost basis, income received, and available cash from other positions which have been closed.
| Date | Stock | Description | Transaction | Status | Stock Investment | Income Generated |
|---|---|---|---|---|---|---|
| 4/30/2010 | CVX | CSP Margin Used | CSP 100 CVX @ 80.00 | ($8,000.00) | ||
| 4/30/2010 | CVX | New Cost Basis | $13,690.00 100 @ 136.90 | |||
| 4/30/2010 | CVX | Continued Trade | STO 1 May10 80.00 Put @ 1.19 | $119.14 |
Current Position Summary
| Cost Basis | $13,690.00 |
| Income Generated | $3,579.14 |
| Percent Income Generated | 26.14% |
| Annualized Income Generated | 9.53% |
| Net Profit If Assigned | ($2,110.86) |
| Percent Return If Assigned | -15.42% |
| Annualized Return If Assigned | -5.62% |
| Days Held to Expiration | 1001 days |
Trade History
| Date | Stock | Description | Transaction | Status | Stock Investment | Income Generated |
|---|---|---|---|---|---|---|
| 8/24/2007 | Average Starting Date | Consolidated Position | ||||
| 4/30/2010 | Average Cost Basis | 170 @ 76.71 | ($13,040.00) | |||
| 4/30/2010 | Average Income | 2 Income @ 20.35 | $3,460.00 | |||
| 4/30/2010 | Average Available Cash | 170 @ -43.24 | $7,350.00 | |||
| 4/30/2010 | CVX | CSP Margin Used | CSP 100 CVX @ 80.00 | ($8,000.00) | ||
| 4/30/2010 | CVX | New Cost Basis | $13,690.00 100 @ 136.90 | |||
| 4/30/2010 | CVX | Continued Trade | STO 1 May10 80.00 Put @ 1.19 | $119.14 | ||
| 5/21/2010 | CVX | Totals | ($13,690.00) | $3,579.14 | ||
| DTE | 1001 | Percent Income/Annualized | 26.14% | 9.53% |
