Tuesday, January 4, 2011

BDX - New Position

A new CSP position was established today on Becton Dickinson and Company (BDX). All prices include IB commissions.

Dividend Champions StatusChampion
Years of Consecutive Dividend Increases28
Years of Positive Free Cash Flow (last 10 years)10
Ratio of P/E at Cost / 5yr Average P/E0.76
Discount to Morningstar's Fair Value Estimate18.37%

DateStockDescriptionTransactionStatusStock InvestmentIncome Generated
1/4/2011BDXCSP Margin UsedCSP 100 BDX @ 80.00 ($8,000.00) 
1/4/2011BDXInitial Put OptionSTO 1 Feb11 80.00 Put @ 1.05  $105.24

Position Summary

Cost Basis($8,000.00)
Income Generated$105.24
Percent Income Generated1.32%
Annualized Income Generated10.67%
Net Profit If Assigned$105.24
Percent Return If Assigned1.32%
Annualized Return If Assigned10.67%
Days Held to Expiration45 days