Thursday, June 16, 2011

CSX - Adjustment




The following adjustment was made today on CSX Corporation (CSX) due to a 3:1 stock split. All prices include IB commissions.










CriteriaValue
Dividend Champions StatusChallenger
Years of Consecutive Dividend Increases6
Fair Value Estimate$31.00
Target Buy Price$21.70
Target Margin of Safety30.00%
Actual Buy Price$21.67
Actual Margin of Safety30.10%










DateStockDescriptionTransactionStatusStock InvestmentIncome Generated
5/23/2011CSXCSP Margin UsedCSP 100 CSX @ 65.00Closed($6,500.00) 
5/23/2011CSXInitial Put OptionSTO 1 Nov11 65.00 Put @ 2.24Closed $223.98
6/16/2011CSX3:1 Stock SplitSPLIT 300 CSX @ 21.67 ($6,501.00) 
6/16/2011CSX3:1 Stock SplitSPLIT 3 Nov11 21.67 Put @ 0.75  $223.98


Current Position Summary





Cost Basis($6,501.00)
Income Generated$223.98
Percent Income Generated3.45%
Annualized Income Generated7.03%
Net Profit If Assigned$223.98
Percent Return If Assigned3.45%
Annualized Return If Assigned7.03%
Days Held to Expiration179 days


Trade History













DateStockDescriptionTransactionStatusStock InvestmentIncome Generated
5/23/2011CSXCSP Margin UsedCSP 100 CSX @ 65.00 ($6,500.00) 
5/23/2011CSXInitial Put OptionSTO 1 Nov11 65.00 Put @ 2.24  $223.98
5/23/2011CSXCSP Margin UsedCSP 100 CSX @ 65.00Closed($6,500.00) 
5/23/2011CSXInitial Put OptionSTO 1 Nov11 65.00 Put @ 2.24Closed $223.98
6/16/2011CSX3:1 Stock SplitSPLIT 300 CSX @ 21.67 ($6,501.00) 
6/16/2011CSX3:1 Stock SplitSPLIT 3 Nov11 21.67 Put @ 0.75  $223.98
11/18/2011CSX Totals ($6,501.00)$223.98
DTE179 Percent Income/Annualized 3.45%7.03%