Monday, May 23, 2011

RTN - New Position

A new CSP position was established today on Raytheon Company (RTN). All prices include IB commissions.

Dividend Champions StatusChallenger
Years of Consecutive Dividend Increases7
Fair Value Estimate$61.00
Target Buy Price$45.00
Target Margin of Safety26.23%
Actual Buy Price$45.00
Actual Margin of Safety26.23%

DateStockDescriptionTransactionStatusStock InvestmentIncome Generated
5/23/2011RTNCSP Margin UsedCSP 100 RTN @ 45.00 ($4,500.00) 
5/23/2011RTNInitial Put OptionSTO 1 Nov11 45.00 Put @ 1.57  $156.98

Position Summary

Cost Basis($4,500.00)
Income Generated$156.98
Percent Income Generated3.49%
Annualized Income Generated7.11%
Net Profit If Assigned$156.98
Percent Return If Assigned3.49%
Annualized Return If Assigned7.11%
Days Held to Expiration179 days