A new CSP position was established today on Avon Products Inc (AVP). All prices include IB commissions.
| Criteria | Value |
|---|
| Dividend Champions Status | Contender |
| Years of Consecutive Dividend Increases | 22 |
| Years of Positive Free Cash Flow (last 10 years) | 10 |
| Fair Value Estimate | $36.00 |
| Target Buy Price | $25.00 |
| Target Margin of Safety | 30.56% |
| Actual Buy Price | $25.00 |
| Actual Margin of Safety | 30.56% |
| Date | Stock | Description | Transaction | Status | Stock Investment | Income Generated |
|---|
| 3/31/2011 | AVP | CSP Margin Used | CSP 200 AVP @ 25.00 | | ($5,000.00) | |
| 3/31/2011 | AVP | Initial Put Option | STO 2 May11 25.00 Put @ 0.43 | | | $85.07 |
Position Summary
| Cost Basis | ($5,000.00) |
| Income Generated | $85.07 |
| Percent Income Generated | 1.70% |
| Annualized Income Generated | 12.42% |
| Net Profit If Assigned | $85.07 |
| Percent Return If Assigned | 1.70% |
| Annualized Return If Assigned | 12.42% |
| Days Held to Expiration | 50 days |
