Friday, May 4, 2012

EXPD - New Position

A new CSP position was established today on Expeditors International (EXPD). All prices include IB commissions.

Dividend Champions StatusContender
Years of Consecutive Dividend Increases17
Fair Value Estimate$61.00
Target Buy Price$42.70
Target Margin of Safety30.00%
Actual Buy Price$37.50
Actual Margin of Safety38.52%

DateStockDescriptionTransactionStatusStock InvestmentIncome Generated
5/4/2012EXPDCSP Margin UsedCSP 100 EXPD @ 37.50 ($3,750.00) 
5/4/2012EXPDInitial Put OptionSTO 1 Jun12 37.50 Put @ 0.70  $69.55

Position Summary

Cost Basis($3,750.00)
Income Generated$69.55
Percent Income Generated1.85%
Annualized Income Generated16.12%
Net Profit If Assigned$69.55
Percent Return If Assigned1.85%
Annualized Return If Assigned16.12%
Days Held to Expiration42 days