A dividend was received on General Dynamics (GD). All prices include IB commissions.
A new CSP position was established today on General Dynamics Corporation (GD). All prices include IB commissions.
| Criteria | Value |
|---|---|
| Dividend Champions Status | Champion |
| Years of Consecutive Dividend Increases | 20 |
| Fair Value Estimate | $85.00 |
| Target Buy Price | $60.00 |
| Target Margin of Safety | 29.41% |
| Actual Buy Price | $65.00 |
| Actual Margin of Safety | 23.53% |
| Date | Stock | Description | Transaction | Status | Stock Investment | Income Generated |
|---|---|---|---|---|---|---|
| 5/23/2011 | GD | CSP Margin Used | CSP 100 GD @ 65.00 | ($6,500.00) | ||
| 5/23/2011 | GD | Initial Put Option | STO 1 Aug11 65.00 Put @ 1.14 | $113.98 |
Position Summary
| Cost Basis | ($6,500.00) |
| Income Generated | $113.98 |
| Percent Income Generated | 1.75% |
| Annualized Income Generated | 7.27% |
| Net Profit If Assigned | $113.98 |
| Percent Return If Assigned | 1.75% |
| Annualized Return If Assigned | 7.27% |
| Days Held to Expiration | 88 days |
