Tuesday, November 1, 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
11/1/2011XOMCSP Margin UsedCSP 100 XOM @ 67.50 ($6,750.00) 
11/1/2011XOMInitial Put OptionSTO 1 Jan12 67.50 Put @ 1.71  $171.17

Position Summary

Cost Basis($6,750.00)
Income Generated$171.17
Percent Income Generated2.54%
Annualized Income Generated11.57%
Net Profit If Assigned$171.17
Percent Return If Assigned2.54%
Annualized Return If Assigned11.57%
Days Held to Expiration80 days