The following adjustment was made today on 3M Company (MMM). All prices include IB commissions.
| Criteria | Value |
|---|
| Dividend Champions Status | Champion |
| Years of Consecutive Dividend Increases | 53 |
| Fair Value Estimate | $100.00 |
| Target Buy Price | $80.00 |
| Target Margin of Safety | 20.00% |
| Actual Buy Price | $70.00 |
| Actual Margin of Safety | 30.00% |
| Date | Stock | Description | Transaction | Status | Stock Investment | Income Generated |
|---|
| 10/31/2011 | MMM | Continued Trade | STO 1 Jan12 70.00 Put @ 1.56 | | | $155.97 |
Current Position Summary
| Cost Basis | ($7,000.00) |
| Income Generated | $246.95 |
| Percent Income Generated | 3.53% |
| Annualized Income Generated | 10.64% |
| Net Profit If Assigned | $246.95 |
| Percent Return If Assigned | 3.53% |
| Annualized Return If Assigned | 10.64% |
| Days Held to Expiration | 121 days |
Trade History
| Date | Stock | Description | Transaction | Status | Stock Investment | Income Generated |
|---|
| 9/21/2011 | MMM | CSP Margin Used | CSP 100 MMM @ 70.00 | | ($7,000.00) | |
| 9/21/2011 | MMM | Initial Put Option | STO 1 Oct11 70.00 Put @ 0.91 | Expired | | $90.98 |
| 10/31/2011 | MMM | Continued Trade | STO 1 Jan12 70.00 Put @ 1.56 | | | $155.97 |
| 1/20/2012 | MMM | | Totals | | ($7,000.00) | $246.95 |
| DTE | 121 | | Percent Income/Annualized | | 3.53% | 10.64% |
