Tuesday, August 24, 2010

ITW - New Position

A new CSP position was established today on Illinois Tool Works Inc (ITW). All prices include IB commissions.

This is the second CSP position on ITW.

DateStockDescriptionTransactionStatusStock InvestmentIncome Generated
8/24/2010ITWCSP Margin UsedCSP 100 ITW @ 37.50 ($3,750.00) 
8/24/2010ITWInitial Put OptionSTO 1 Oct10 37.50 Put @ 0.68  $68.24

Position Summary

Cost Basis($3,750.00)
Income Generated$68.24
Percent Income Generated1.82%
Annualized Income Generated12.77%
Net Profit If Assigned$68.24
Percent Return If Assigned1.82%
Annualized Return If Assigned12.77%
Days Held to Expiration52 days