Wednesday, September 21, 2011

XOM - New Position

A new CSP position was established today on Exxon Mobil Corp (XOM). All prices include IB commissions.

Dividend Champions StatusChampion
Years of Consecutive Dividend Increases29
Fair Value Estimate$99.00
Target Buy Price$79.20
Target Margin of Safety20.00%
Actual Buy Price$67.50
Actual Margin of Safety31.82%

DateStockDescriptionTransactionStatusStock InvestmentIncome Generated
9/21/2011XOMCSP Margin UsedCSP 100 XOM @ 67.50 ($6,750.00) 
9/21/2011XOMInitial Put OptionSTO 1 Oct11 67.50 Put @ 1.08  $108.28

Position Summary

Cost Basis($6,750.00)
Income Generated$108.28
Percent Income Generated1.60%
Annualized Income Generated19.52%
Net Profit If Assigned$108.28
Percent Return If Assigned1.60%
Annualized Return If Assigned19.52%
Days Held to Expiration30 days