A new CSP position was established today on Dover Corp (DOV). All prices include IB commissions.
Note: This is the second position on DOV.
| Criteria | Value |
|---|---|
| Dividend Champions Status | Champion |
| Years of Consecutive Dividend Increases | 55 |
| Fair Value Estimate | $77.00 |
| Target Buy Price | $55.00 |
| Target Margin of Safety | 28.57% |
| Actual Buy Price | $55.00 |
| Actual Margin of Safety | 28.57% |
| Date | Stock | Description | Transaction | Status | Stock Investment | Income Generated |
|---|---|---|---|---|---|---|
| 9/20/2011 | DOV | CSP Margin Used | CSP 100 DOV @ 45.00 | ($4,500.00) | ||
| 9/20/2011 | DOV | Initial Put Option | STO 1 Oct11 45.00 Put @ 0.78 | $77.98 |
Position Summary
| Cost Basis | ($4,500.00) |
| Income Generated | $77.98 |
| Percent Income Generated | 1.73% |
| Annualized Income Generated | 20.40% |
| Net Profit If Assigned | $77.98 |
| Percent Return If Assigned | 1.73% |
| Annualized Return If Assigned | 20.40% |
| Days Held to Expiration | 31 days |
