Wednesday, February 22, 2012

ABT - New Position

A new CSP position was established today on Abbott Laboratories (ABT). All prices include IB commissions.

This is the third position on ABT.

Dividend Champions StatusChampion
Years of Consecutive Dividend Increases39
Years of Positive Free Cash Flow (last 10 years)10
Fair Value Estimate$70.00
Target Buy Price$56.00
Target Margin of Safety20.00%
Actual Buy Price$55.00
Actual Margin of Safety21.43%

DateStockDescriptionTransactionStatusStock InvestmentIncome Generated
2/22/2012ABTCSP Margin UsedCSP 100 ABT @ 55.00 ($5,500.00) 
2/22/2012ABTInitial Put OptionSTO 1 Apr12 55.00 Put @ 0.92  $92.12

Position Summary

Cost Basis($5,500.00)
Income Generated$92.12
Percent Income Generated1.67%
Annualized Income Generated10.54%
Net Profit If Assigned$92.12
Percent Return If Assigned1.67%
Annualized Return If Assigned10.54%
Days Held to Expiration58 days