Monday, May 23, 2011

AVP - New Position

A new CSP position was established today on Avon Products Inc (AVP). All prices include IB commissions.

Dividend Champions StatusContender
Years of Consecutive Dividend Increases22
Fair Value Estimate$36.00
Target Buy Price$25.00
Target Margin of Safety30.56%
Actual Buy Price$26.00
Actual Margin of Safety27.78%

DateStockDescriptionTransactionStatusStock InvestmentIncome Generated
5/23/2011AVPCSP Margin UsedCSP 200 AVP @ 26.00 ($5,200.00) 
5/23/2011AVPInitial Put OptionSTO 2 Oct11 26.00 Put @ 0.82  $164.56

Position Summary

Cost Basis($5,200.00)
Income Generated$164.56
Percent Income Generated3.16%
Annualized Income Generated7.65%
Net Profit If Assigned$164.56
Percent Return If Assigned3.16%
Annualized Return If Assigned7.65%
Days Held to Expiration151 days