The following adjustment was made today on General Dynamics (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 |
|---|
| 8/19/2011 | GD | CSP Margin Returned | CSP 100 GD @ -65.00 | | $6,500.00 | |
| 8/19/2011 | GD | Stock Assigned | EX 1 Aug11 65.00 Put @ -65.00 | | ($6,500.00) | |
| 8/24/2011 | GD | Continued Trade | STO 1 Oct11 65.00 Call @ 1.34 | | | $133.97 |
Current Position Summary
| Cost Basis | ($6,500.00) |
| Income Generated | $247.95 |
| Percent Income Generated | 3.81% |
| Annualized Income Generated | 9.22% |
| Net Profit If Assigned | $247.95 |
| Percent Return If Assigned | 3.81% |
| Annualized Return If Assigned | 9.22% |
| Days Held to Expiration | 151 days |
Trade History
| 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 | Exercised | | $113.98 |
| 8/19/2011 | GD | CSP Margin Returned | CSP 100 GD @ -65.00 | | $6,500.00 | |
| 8/19/2011 | GD | Stock Assigned | EX 1 Aug11 65.00 Put @ -65.00 | | ($6,500.00) | |
| 8/24/2011 | GD | Continued Trade | STO 1 Oct11 65.00 Call @ 1.34 | | | $133.97 |
| 10/21/2011 | GD | | Totals | | ($6,500.00) | $247.95 |
| DTE | 151 | | Percent Income/Annualized | | 3.81% | 9.22% |
