The following adjustment was made today on Automatic Data Processing (ADP). All prices include IB commissions.
| Criteria | Value |
|---|
| Dividend Champions Status | Champion |
| Years of Consecutive Dividend Increases | 38 |
| Years of Positive Free Cash Flow (last 10 years) | 10 |
| Ratio of P/E at Cost / 5yr Average P/E | 0.93 |
| Discount to Morningstar's Fair Value Estimate | 15.38% |
| Date | Stock | Description | Transaction | Status | Stock Investment | Income Generated |
|---|
| 1/5/2011 | ADP | Buy Back and Roll Out/Up | BTC 1 Feb11 43.00 Call @ -4.68 | | | ($467.76) |
| 1/5/2011 | ADP | Continued Trade | STO 1 Aug11 44.00 Call @ 4.72 | | | $472.24 |
Current Position Summary
| Cost Basis | ($4,400.00) |
| Income Generated | $209.47 |
| Percent Income Generated | 4.76% |
| Annualized Income Generated | 3.63% |
| Net Profit If Assigned | $209.47 |
| Percent Return If Assigned | 4.76% |
| Annualized Return If Assigned | 3.63% |
| Days Held to Expiration | 479 days |
Trade History
| Date | Stock | Description | Transaction | Status | Stock Investment | Income Generated |
|---|
| 4/27/2010 | ADP | CSP Margin Used | CSP 100 ADP @ 44.00 | | ($4,400.00) | |
| 4/27/2010 | ADP | Initial Put Option | STO 1 May10 44.00 Put @ 0.49 | Closed | | $48.99 |
| 5/21/2010 | ADP | Buy Back and Roll Out | BTC 1 May10 44.00 Put @ -3.89 | | | ($388.86) |
| 5/21/2010 | ADP | Continued Trade | STO 1 Aug10 44.00 Put @ 4.65 | Exercised | | $465.14 |
| 8/20/2010 | ADP | CSP Margin Returned | CSP 100 ADP @ -44.00 | | $4,400.00 | |
| 8/20/2010 | ADP | Stock Assigned | EX 1 Aug10 44.00 Put @ -44.00 | | ($4,400.00) | |
| 9/1/2010 | ADP | Interim Trade | STO 1 Nov10 42.00 Call @ 0.45 | Closed | | $45.24 |
| 10/1/2010 | ADP | Dividend Received | DIV 100 Dividend @ 0.34 | | | $34.00 |
| 11/18/2010 | ADP | Buy Back and Roll Out/Up | BTC 1 Nov10 42.00 Call @ -3.32 | | | ($331.76) |
| 11/18/2010 | ADP | Interim Trade | STO 1 Feb11 43.00 Call @ 2.96 | Closed | | $296.24 |
| 1/3/2011 | ADP | Dividend Received | DIV 100 Dividend @ 0.36 | | | $36.00 |
| 1/5/2011 | ADP | Buy Back and Roll Out/Up | BTC 1 Feb11 43.00 Call @ -4.68 | | | ($467.76) |
| 1/5/2011 | ADP | Continued Trade | STO 1 Aug11 44.00 Call @ 4.72 | | | $472.24 |
| 8/19/2011 | ADP | | Totals | | ($4,400.00) | $209.47 |
| DTE | 479 | | Percent Income/Annualized | | 4.76% | 3.63% |
