Tuesday, February 8, 2011

ABT - New Position

A new CSP position was established today on Abbott Laboratories (ABT). All prices include IB commissions.

This is the third position on ABT.

Dividend Champions StatusChampion
Years of Consecutive Dividend Increases38
Years of Positive Free Cash Flow (last 10 years)10
Ratio of P/E at Cost / 5yr Average P/E0.64
Discount to Morningstar's Fair Value Estimate35.29%

DateStockDescriptionTransactionStatusStock InvestmentIncome Generated
2/8/2011ABTCSP Margin UsedCSP 100 ABT @ 44.00 ($4,400.00) 
2/8/2011ABTInitial Put OptionSTO 1 Mar11 44.00 Put @ 0.34  $33.99

Position Summary

Cost Basis($4,400.00)
Income Generated$33.99
Percent Income Generated0.77%
Annualized Income Generated7.42%
Net Profit If Assigned$33.99
Percent Return If Assigned0.77%
Annualized Return If Assigned7.42%
Days Held to Expiration38 days