Thursday, December 23, 2010

LOW - New Position

A new CSP position was established today on Lowes Companies Inc (LOW). All prices include IB commissions.

This is the second position on LOW. This first position is a CC.

  • Dividend Champions Status = Champion
  • Years of Consecutive Dividend Increases = 48
  • Years of Positive Free Cash Flow (last 10 years) = 8
  • Discount to Morningstar's Fair Value Estimate = 33.33%

DateStockDescriptionTransactionStatusStock InvestmentIncome Generated
12/23/2010LOWCSP Margin UsedCSP 200 LOW @ 24.00 ($4,800.00) 
12/23/2010LOWInitial Put OptionSTO 2 Jan11 24.00 Put @ 0.21  $42.57

Position Summary

Cost Basis($4,800.00)
Income Generated$42.57
Percent Income Generated0.89%
Annualized Income Generated11.16%
Net Profit If Assigned$42.57
Percent Return If Assigned0.89%
Annualized Return If Assigned11.16%
Days Held to Expiration29 days