Monday, January 3, 2011

LMT - New Position

A new CSP position was established today on Lockheed Martin Corp (LMT). All prices include IB commissions.

Dividend Champions StatusChallenger
Years of Consecutive Dividend Increases8
Years of Positive Free Cash Flow (last 10 years)10
Ratio of P/E at Cost / 5yr Average P/E0.69
Discount to Morningstar's Fair Value Estimate26.97%

DateStockDescriptionTransactionStatusStock InvestmentIncome Generated
1/3/2011LMTCSP Margin UsedCSP 100 LMT @ 65.00 ($6,500.00) 
1/3/2011LMTInitial Put OptionSTO 1 Feb11 24.00 Put @ 0.61  $61.24

Position Summary

Cost Basis($6,500.00)
Income Generated$61.24
Percent Income Generated0.94%
Annualized Income Generated7.48%
Net Profit If Assigned$61.24
Percent Return If Assigned0.94%
Annualized Return If Assigned7.48%
Days Held to Expiration46 days