The following adjustment was made today on Nucor Corporation (NUE). All prices include IB commissions.
| Criteria | Value |
|---|
| Dividend Champions Status | Champion |
| Years of Consecutive Dividend Increases | 38 |
| Years of Positive Free Cash Flow (last 10 years) | 10 |
| Fair Value Estimate | $58.00 |
| Target Buy Price | $34.80 |
| Target Margin of Safety | 40.00% |
| Actual Buy Price | $40.00 |
| Actual Margin of Safety | 31.03% |
| Date | Stock | Description | Transaction | Status | Stock Investment | Income Generated |
|---|
| 10/19/2011 | NUE | CSP Margin Returned | CSP 100 NUE @ -40.00 | | $4,000.00 | |
| 10/19/2011 | NUE | Stock Assigned | EX 1 Oct11 40.00 Put @ -40.00 | | ($4,000.00) | |
| 10/20/2011 | NUE | Continued Trade | STO 1 Jan12 40.00 Call @ 0.89 | | | $89.36 |
Current Position Summary
| Cost Basis | ($4,000.00) |
| Income Generated | $403.30 |
| Percent Income Generated | 10.08% |
| Annualized Income Generated | 14.96% |
| Net Profit If Assigned | $403.30 |
| Percent Return If Assigned | 10.08% |
| Annualized Return If Assigned | 14.96% |
| Days Held to Expiration | 246 days |
Trade History
| Date | Stock | Description | Transaction | Status | Stock Investment | Income Generated |
|---|
| 5/19/2011 | NUE | CSP Margin Used | CSP 100 NUE @ 40.00 | | ($4,000.00) | |
| 5/19/2011 | NUE | Initial Put Option | STO 1 Jun11 40.00 Put @ 0.35 | Closed | | $34.98 |
| 6/17/2011 | NUE | Buy Back and Roll Out | BTC 1 Jun11 40.00 Put @ -0.75 | | | ($75.02) |
| 6/17/2011 | NUE | Continued Trade | STO 1 Oct11 40.00 Put @ 3.54 | Exercised | | $353.98 |
| 10/19/2011 | NUE | CSP Margin Returned | CSP 100 NUE @ -40.00 | | $4,000.00 | |
| 10/19/2011 | NUE | Stock Assigned | EX 1 Oct11 40.00 Put @ -40.00 | | ($4,000.00) | |
| 10/20/2011 | NUE | Continued Trade | STO 1 Jan12 40.00 Call @ 0.89 | | | $89.36 |
| 1/20/2012 | NUE | | Totals | | ($4,000.00) | $403.30 |
| DTE | 246 | | Percent Income/Annualized | | 10.08% | 14.96% |
