The following adjustment was made today on Lowes Companies Inc (LOW) All prices include IB commissions.
This is the second position on LOW.
| Criteria | Value |
|---|---|
| Dividend Champions Status | Champion |
| Years of Consecutive Dividend Increases | 48 |
| Fair Value Estimate | $36.00 |
| Target Buy Price | $25.00 |
| Target Margin of Safety | 30.56% |
| Actual Buy Price | $21.00 |
| Actual Margin of Safety | 41.67% |
| Date | Stock | Description | Transaction | Status | Stock Investment | Income Generated |
|---|---|---|---|---|---|---|
| 6/17/2011 | LOW | Buy Back and Roll Out | BTC 2 Jun11 25.00 Put @ -2.20 | ($439.44) | ||
| 6/17/2011 | LOW | Continued Trade | STO 2 Oct11 25.00 Put @ 2.93 | $586.56 |
Current Position Summary
| Cost Basis | ($5,000.00) |
| Income Generated | $330.81 |
| Percent Income Generated | 6.62% |
| Annualized Income Generated | 11.84% |
| Net Profit If Assigned | $330.81 |
| Percent Return If Assigned | 6.62% |
| Annualized Return If Assigned | 11.84% |
| Days Held to Expiration | 204 days |
Trade History
| Date | Stock | Description | Transaction | Status | Stock Investment | Income Generated |
|---|---|---|---|---|---|---|
| 3/31/2011 | LOW | CSP Margin Used | CSP 200 LOW @ 25.00 | ($5,000.00) | ||
| 3/31/2011 | LOW | Initial Put Option | STO 2 May11 25.00 Put @ 0.50 | Closed | $100.57 | |
| 5/19/2011 | LOW | Buy Back and Roll Out | BTC 2 May11 25.00 Put @ -0.28 | ($55.44) | ||
| 5/19/2011 | LOW | Continued Trade | STO 2 Jun11 25.00 Put @ 0.69 | Closed | $138.56 | |
| 6/17/2011 | LOW | Buy Back and Roll Out | BTC 2 Jun11 25.00 Put @ -2.20 | ($439.44) | ||
| 6/17/2011 | LOW | Continued Trade | STO 2 Oct11 25.00 Put @ 2.93 | $586.56 | ||
| 10/21/2011 | LOW | Totals | ($5,000.00) | $330.81 | ||
| DTE | 204 | Percent Income/Annualized | 6.62% | 11.84% |
