Wednesday, September 21, 2011

MDT - New Position

A new CSP position was established today on Medtronic Inc (MDT). All prices include IB commissions.

Note: This is the second position on MDT.

Dividend Champions StatusChampion
Years of Consecutive Dividend Increases33
Fair Value Estimate$48.00
Target Buy Price$38.40
Target Margin of Safety20.00%
Actual Buy Price$30.00
Actual Margin of Safety37.50%

DateStockDescriptionTransactionStatusStock InvestmentIncome Generated
9/21/2011MDTCSP Margin UsedCSP 100 MDT @ 30.00 ($3,000.00) 
9/21/2011MDTInitial Put OptionSTO 1 Oct11 30.00 Put @ 0.25  $24.98

Position Summary

Cost Basis($3,000.00)
Income Generated$24.98
Percent Income Generated0.83%
Annualized Income Generated10.13%
Net Profit If Assigned$24.98
Percent Return If Assigned0.83%
Annualized Return If Assigned10.13%
Days Held to Expiration30 days