A new CSP position was established today on Becton Dickinson and Company (BDX). All prices include IB commissions.
| Criteria | Value |
|---|
| Dividend Champions Status | Champion |
| Years of Consecutive Dividend Increases | 38 |
| Fair Value Estimate | $98.00 |
| Target Buy Price | $80.00 |
| Target Margin of Safety | 18.37% |
| Actual Buy Price | $80.00 |
| Actual Margin of Safety | 18.37% |
| Date | Stock | Description | Transaction | Status | Stock Investment | Income Generated |
|---|
| 5/23/2011 | BDX | CSP Margin Used | CSP 100 BDX @ 80.00 |   | ($8,000.00) |   |
| 5/23/2011 | BDX | Initial Put Option | STO 1 Sep11 80.00 Put @ 1.44 |   |   | $143.98 |
Position Summary
| Cost Basis | ($8,000.00) |
| Income Generated | $143.98 |
| Percent Income Generated | 1.80% |
| Annualized Income Generated | 5.66% |
| Net Profit If Assigned | $143.98 |
| Percent Return If Assigned | 1.80% |
| Annualized Return If Assigned | 5.66% |
| Days Held to Expiration | 116 days |