Monday, May 14, 2012

NSC - New Position

A new CSP position was established today on Norfolk Southern Corporation (NSC). All prices include IB commissions.

Dividend Champions StatusContender
Years of Consecutive Dividend Increases11
Fair Value Estimate$90.00
Target Buy Price$63.00
Target Margin of Safety30.00%
Actual Buy Price$62.50
Actual Margin of Safety30.56%

DateStockDescriptionTransactionStatusStock InvestmentIncome Generated
5/14/2012NSCCSP Margin UsedCSP 100 NSC @ 62.50 ($6,250.00) 
5/14/2012NSCInitial Put OptionSTO 1 Jun12 62.50 Put @ 0.56  $55.52

Position Summary

Cost Basis($6,250.00)
Income Generated$55.52
Percent Income Generated0.89%
Annualized Income Generated10.13%
Net Profit If Assigned$55.52
Percent Return If Assigned0.89%
Annualized Return If Assigned10.13%
Days Held to Expiration32 days