A new CSP position was established today on FedEx Corporation (FDX). All prices include IB commissions.
| Criteria | Value |
|---|
| Dividend Champions Status | Challenger |
| Years of Consecutive Dividend Increases | 9 |
| Fair Value Estimate | $112.00 |
| Target Buy Price | $78.40 |
| Target Margin of Safety | 30.00% |
| Actual Buy Price | $80.00 |
| Actual Margin of Safety | 28.57% |
| Date | Stock | Description | Transaction | Status | Stock Investment | Income Generated |
|---|
| 5/23/2011 | FDX | CSP Margin Used | CSP 100 FDX @ 80.00 | | ($8,000.00) | |
| 5/23/2011 | FDX | Initial Put Option | STO 1 Oct11 80.00 Put @ 2.55 | | | $255.34 |
Position Summary
| Cost Basis | ($8,000.00) |
| Income Generated | $255.34 |
| Percent Income Generated | 3.19% |
| Annualized Income Generated | 7.72% |
| Net Profit If Assigned | $255.34 |
| Percent Return If Assigned | 3.19% |
| Annualized Return If Assigned | 7.72% |
| Days Held to Expiration | 151 days |
