A new CSP position was established today on Johnson and Johnson (JNJ). All prices include IB commissions.
| Criteria | Value |
|---|
| Dividend Champions Status | Champion |
| Years of Consecutive Dividend Increases | 49 |
| Fair Value Estimate | $77.00 |
| Target Buy Price | $61.60 |
| Target Margin of Safety | 20.00% |
| Actual Buy Price | $60.00 |
| Actual Margin of Safety | 22.08% |
| Date | Stock | Description | Transaction | Status | Stock Investment | Income Generated |
|---|
| 11/23/2011 | JNJ | CSP Margin Used | CSP 100 JNJ @ 60.00 | | ($6,000.00) | |
| 11/23/2011 | JNJ | Initial Put Option | STO 1 Dec11 60.00 Put @ 0.76 | | | $75.98 |
Position Summary
| Cost Basis | ($6,000.00) |
| Income Generated | $75.98 |
| Percent Income Generated | 1.27% |
| Annualized Income Generated | 20.10% |
| Net Profit If Assigned | $75.98 |
| Percent Return If Assigned | 1.27% |
| Annualized Return If Assigned | 20.10% |
| Days Held to Expiration | 23 days |
