Tuesday, February 8, 2011

LOW - New Position

A new CSP position was established today on Lowes Companies Inc (LOW). All prices include IB commissions.

This is the third position on LOW.

Dividend Champions StatusChampion
Years of Consecutive Dividend Increases48
Years of Positive Free Cash Flow (last 10 years)8
Ratio of P/E at Cost / 5yr Average P/E1.10
Discount to Morningstar's Fair Value Estimate36.11%

DateStockDescriptionTransactionStatusStock InvestmentIncome Generated
2/8/2011LOWCSP Margin UsedCSP 200 LOW @ 23.00 ($4,600.00) 
2/8/2011LOWInitial Put OptionSTO 2 Mar11 23.00 Put @ 0.28  $56.57

Position Summary

Cost Basis($4,600.00)
Income Generated$56.57
Percent Income Generated1.23%
Annualized Income Generated11.81%
Net Profit If Assigned$56.57
Percent Return If Assigned1.23%
Annualized Return If Assigned11.81%
Days Held to Expiration38 days