Monday, May 23, 2011

FDX - New Position

A new CSP position was established today on FedEx Corporation (FDX). All prices include IB commissions.

Dividend Champions StatusChallenger
Years of Consecutive Dividend Increases9
Fair Value Estimate$112.00
Target Buy Price$78.40
Target Margin of Safety30.00%
Actual Buy Price$80.00
Actual Margin of Safety28.57%

DateStockDescriptionTransactionStatusStock InvestmentIncome Generated
5/23/2011FDXCSP Margin UsedCSP 100 FDX @ 80.00 ($8,000.00) 
5/23/2011FDXInitial Put OptionSTO 1 Oct11 80.00 Put @ 2.55  $255.34

Position Summary

Cost Basis($8,000.00)
Income Generated$255.34
Percent Income Generated3.19%
Annualized Income Generated7.72%
Net Profit If Assigned$255.34
Percent Return If Assigned3.19%
Annualized Return If Assigned7.72%
Days Held to Expiration151 days