A new CSP position was established today on Parker Hannifin Corp (PH). All prices include IB commissions.
| Criteria | Value |
|---|
| Dividend Champions Status | Champion |
| Years of Consecutive Dividend Increases | 56 |
| Fair Value Estimate | $105.00 |
| Target Buy Price | $73.50 |
| Target Margin of Safety | 30.00% |
| Actual Buy Price | $75.00 |
| Actual Margin of Safety | 28.57% |
| Date | Stock | Description | Transaction | Status | Stock Investment | Income Generated |
|---|
| 5/4/2012 | PH | CSP Margin Used | CSP 100 PH @ 75.00 | | ($7,500.00) | |
| 5/4/2012 | PH | Initial Put Option | STO 1 Jun12 75.00 Put @ 0.65 | | | $64.55 |
Position Summary
| Cost Basis | ($7,500.00) |
| Income Generated | $64.55 |
| Percent Income Generated | 0.86% |
| Annualized Income Generated | 7.48% |
| Net Profit If Assigned | $64.55 |
| Percent Return If Assigned | 0.86% |
| Annualized Return If Assigned | 7.48% |
| Days Held to Expiration | 42 days |
