Wednesday, April 21, 2010

JNJ - New Position




A new position was established today on Johnson and Johnson (JNJ). All prices include IB commissions.

Criteria for Selection:


  • Dividend Champions Status = Member
  • Years of Consectutive Dividend Increases = 47
  • Years of Positive Free Cash Flow (last 10 years) = 10


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.








DateStockDescriptionTransactionStatusStock InvestmentIncome Generated
4/21/2010JNJCSP Margin UsedCSP 100 JNJ @ 65.00 ($6,500.00) 
4/21/2010JNJNew Cost Basis$12,190.00 100 @ 121.90   
4/21/2010JNJContinued TradeSTO 1 May10 65.00 Put @ 0.71  $71.14


Current Position Summary





Cost Basis$12,190.00
Income Generated$3,531.14
Percent Income Generated28.97%
Annualized Income Generated10.56%
Net Profit If Assigned($2,158.86)
Percent Return If Assigned-17.71%
Annualized Return If Assigned-6.46%
Days Held to Expiration1001 days


Trade History














DateStockDescriptionTransactionStatusStock InvestmentIncome Generated
8/24/2007 Average Starting DateConsolidated Position   
4/21/2010 Average Cost Basis 170 @ 76.71 ($13,040.00) 
4/21/2010 Average Income 2 Income @ 20.35  $3,460.00
4/21/2010 Average Available Cash 170 @ -43.24 $7,350.00 
4/21/2010JNJCSP Margin UsedCSP 100 JNJ @ 65.00 ($6,500.00) 
4/21/2010JNJNew Cost Basis$12,190.00 100 @ 121.90   
4/21/2010JNJContinued TradeSTO 1 May10 65.00 Put @ 0.71  $71.14
5/21/2010JNJ Totals ($12,190.00)$3,531.14
DTE1001 Percent Income/Annualized 28.97%10.56%