A new CSP position was established today on Becton Dickinson and Company (BDX). All prices include IB commissions.
Note: This is the second position on BDX
| Criteria | Value |
|---|---|
| Dividend Champions Status | Champion |
| Years of Consecutive Dividend Increases | 38 |
| Fair Value Estimate | $98.00 |
| Target Buy Price | $78.40 |
| Target Margin of Safety | 20.00% |
| Actual Buy Price | $65.00 |
| Actual Margin of Safety | 33.67% |
| Date | Stock | Description | Transaction | Status | Stock Investment | Income Generated |
|---|---|---|---|---|---|---|
| 9/21/2011 | BDX | CSP Margin Used | CSP 100 BDX @ 65.00 |   | ($6,500.00) |   |
| 9/21/2011 | BDX | Initial Put Option | STO 1 Oct11 65.00 Put @ 0.34 |   |   | $33.98 |
Position Summary
| Cost Basis | ($6,500.00) |
| Income Generated | $33.98 |
| Percent Income Generated | 0.52% |
| Annualized Income Generated | 6.36% |
| Net Profit If Assigned | $33.98 |
| Percent Return If Assigned | 0.52% |
| Annualized Return If Assigned | 6.36% |
| Days Held to Expiration | 30 days |