Thursday, September 22, 2011

PG - New Position

A new CSP position was established today on Procter and Gamble (PG). All prices include IB commissions.

Dividend Champions StatusChampiom
Years of Consecutive Dividend Increases55
Fair Value Estimate$77.00
Target Buy Price$61.60
Target Margin of Safety20.00%
Actual Buy Price$57.50
Actual Margin of Safety41.56%

DateStockDescriptionTransactionStatusStock InvestmentIncome Generated
9/22/2011PGCSP Margin UsedCSP 100 PG @ 57.50 ($5,750.00) 
9/22/2011PGInitial Put OptionSTO 1 Oct11 57.50 Put @ 0.71  $71.36

Position Summary

Cost Basis($5,750.00)
Income Generated$71.36
Percent Income Generated1.24%
Annualized Income Generated15.62%
Net Profit If Assigned$71.36
Percent Return If Assigned1.24%
Annualized Return If Assigned15.62%
Days Held to Expiration29 days