A new CSP position was established today on ConocoPhillips (COP). All prices include IB commissions.
| Criteria | Value |
|---|
| Dividend Champions Status | Contender |
| Years of Consecutive Dividend Increases | 11 |
| Fair Value Estimate | $85.00 |
| Target Buy Price | $68.00 |
| Target Margin of Safety | 20.00% |
| Actual Buy Price | $67.50 |
| Actual Margin of Safety | 20.59% |
| Date | Stock | Description | Transaction | Status | Stock Investment | Income Generated |
|---|
| 1/25/2012 | COP | CSP Margin Used | CSP 100 COP @ 67.50 | | ($6,750.00) | |
| 1/25/2012 | COP | Initial Put Option | STO 1 Mar12 67.50 Put @ 1.31 | | | $130.97 |
Position Summary
| Cost Basis | ($6,750.00) |
| Income Generated | $130.97 |
| Percent Income Generated | 1.94% |
| Annualized Income Generated | 13.89% |
| Net Profit If Assigned | $130.97 |
| Percent Return If Assigned | 1.94% |
| Annualized Return If Assigned | 13.89% |
| Days Held to Expiration | 51 days |
