Tuesday, September 20, 2011

TEVA - New Position

A new CSP position was established today on Teva Pharmaceutical Industries Ltd (TEVA). All prices include IB commissions.

Note: This is the second position on TEVA.

Dividend Champions StatusContender
Years of Consecutive Dividend Increases12
Fair Value Estimate$58.00
Target Buy Price$40.00
Target Margin of Safety31.03%
Actual Buy Price$35.00
Actual Margin of Safety39.66%

DateStockDescriptionTransactionStatusStock InvestmentIncome Generated
9/20/2011TEVACSP Margin UsedCSP 100 TEVA @ 35.00 ($3,500.00) 
9/20/2011TEVAInitial Put OptionSTO 1 Oct11 35.00 Put @ 0.86  $86.36

Position Summary

Cost Basis($3,500.00)
Income Generated$86.36
Percent Income Generated2.47%
Annualized Income Generated29.05%
Net Profit If Assigned$86.36
Percent Return If Assigned2.47%
Annualized Return If Assigned29.05%
Days Held to Expiration31 days