Tuesday, January 25, 2011

JNJ - New Position

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

Dividend Champions StatusChampion
Years of Consecutive Dividend Increases48
Years of Positive Free Cash Flow (last 10 years)10
Ratio of P/E at Cost / 5yr Average P/E0.81
Discount to Morningstar's Fair Value Estimate22.08%

DateStockDescriptionTransactionStatusStock InvestmentIncome Generated
1/25/2011JNJCSP Margin UsedCSP 100 JNJ @ 60.00 ($6,000.00) 
1/25/2011JNJInitial Put OptionSTO 1 Mar11 60.00 Put @ 0.94  $94.04

Position Summary

Cost Basis($6,000.00)
Income Generated$94.04
Percent Income Generated1.57%
Annualized Income Generated11.00%
Net Profit If Assigned$94.04
Percent Return If Assigned1.57%
Annualized Return If Assigned11.00%
Days Held to Expiration52 days