Wednesday, December 21, 2011

ABT - Adjustment

The following adjustment was made today on Abbott Laboratories (ABT). All prices include IB commissions.

CriteriaValue
Dividend Champions StatusChampion
Years of Consecutive Dividend Increases38
Years of Positive Free Cash Flow (last 10 years)10
Fair Value Estimate$68.00
Target Buy Price$54.00
Target Margin of Safety20.00%
Actual Buy Price$55.00
Actual Margin of Safety19.12%

DateStockDescriptionTransactionStatusStock InvestmentIncome Generated
12/21/2011ABTContinued TradeSTO 1 Feb12 57.50 Call @ 0.29  $29.36

Current Position Summary

Cost Basis($5,500.00)
Income Generated$887.09
Percent Income Generated16.13%
Annualized Income Generated7.79%
Net Profit If Assigned$1,137.09
Percent Return If Assigned20.67%
Annualized Return If Assigned9.98%
Days Held to Expiration756 days

Trade History

1/22/2010ABTCSP Margin UsedCSP 100 ABT @ 55.00 ($5,500.00) 
1/22/2010ABTInitial Put OptionSTO 1 Feb10 55.00 Put @ 1.00Exercised $100.00
2/19/2010ABTCSP Margin ReturnedCSP 100 ABT @ -55.00 $5,500.00 
2/19/2010ABTStock AssignedEX 1 Feb10 55.00 Put @ -55.00 ($5,500.00) 
2/22/2010ABTContinued TradeSTO 1 Mar10 55.00 Call @ 0.60Expired $60.14
4/30/2010ABTContinued TradeSTO 1 May10 52.50 Call @ 0.31Closed $31.14
5/15/2010ABTDividend ReceivedDIV 100 Dividend @ 0.44  $44.00
5/21/2010ABTBuy Back and Roll Out/DownBTC 1 May10 52.50 Call @ -0.03  ($3.01)
5/21/2010ABTInterim TradeSTO 1 Aug10 50.00 Call @ 1.05Expired $104.99
8/15/2010ABTDividend ReceivedDIV 100 Dividend @ 0.44  $44.00
9/1/2010ABTContinued TradeSTO 1 Jan11 55.00 Call @ 0.76Closed $76.24
11/15/2010ABTDividend ReceivedDIV 100 Dividend @ 0.44  $44.00
12/21/2010ABTBuy BackBTC 1 Jan11 55.00 Call @ -0.03Expired ($2.96)
2/15/2011ABTDividend ReceivedDIV 100 Dividend @ 0.44  $44.00
4/6/2011ABTContinued TradeSTO 1 May11 52.50 Call @ 0.25Closed $24.99
5/16/2011ABTDividend ReceivedDIV 100 Dividend @ 0.48  $48.00
5/19/2011ABTBuy Back and Roll OutBTC 1 May11 52.50 Call @ -0.90  ($89.72)
5/19/2011ABTContinued TradeSTO 1 Jun11 52.50 Call @ 1.39Closed $138.98
6/17/2011ABTBuy Back and Roll Out/UpBTC 1 Jun11 52.50 Call @ -0.03  ($3.02)
8/15/2011ABTDividend ReceivedDIV 100 Dividend @ 0.48  $48.00
6/17/2011ABTContinued TradeSTO 1 Aug11 55.00 Call @ 0.30Expired $29.98
9/20/2011ABTContinued TradeSTO 1 Nov11 55.00 Call @ 0.70  $69.98
11/15/2011ABTDividend ReceivedDIV 100 Dividend @ 0.48  $48.00
12/21/2011ABTContinued TradeSTO 1 Feb12 57.50 Call @ 0.29  $29.36
2/17/2012ABT Totals ($5,500.00)$887.09
DTE756 Percent Income/Annualized 16.13%7.79%