Tuesday, November 1, 2011

FDX - New Position

A new CSP position was established today on FedEx Corporation (FDX). All prices include IB commissions.

Note: This is the second position on FDX.

Dividend Champions StatusChallenger
Years of Consecutive Dividend Increases9
Fair Value Estimate$112.00
Target Buy Price$67.20
Target Margin of Safety40.00%
Actual Buy Price$67.50
Actual Margin of Safety39.73%

DateStockDescriptionTransactionStatusStock InvestmentIncome Generated
11/1/2011FDXCSP Margin UsedCSP 100 FDX @ 67.50 ($6,750.00) 
11/1/2011FDXInitial Put OptionSTO 1 Jan12 67.50 Put @ 1.83  $182.97

Position Summary

Cost Basis($6,750.00)
Income Generated$182.97
Percent Income Generated2.71%
Annualized Income Generated12.37%
Net Profit If Assigned$182.97
Percent Return If Assigned2.71%
Annualized Return If Assigned12.37%
Days Held to Expiration80 days