A new CSP position was established today on United Technologies (UTX). All prices include IB commissions.
| Criteria | Value |
|---|
| Dividend Champions Status | Contender |
| Years of Consecutive Dividend Increases | 17 |
| Fair Value Estimate | $100.00 |
| Target Buy Price | $70.00 |
| Target Margin of Safety | 30.00% |
| Actual Buy Price | $70.00 |
| Actual Margin of Safety | 30.00% |
| Date | Stock | Description | Transaction | Status | Stock Investment | Income Generated |
|---|
| 5/14/2012 | UTX | CSP Margin Used | CSP 100 UTX @ 70.00 | | ($7,000.00) | |
| 5/14/2012 | UTX | Initial Put Option | STO 1 Jun12 70.00 Put @ 0.65 | | | $64.97 |
Position Summary
| Cost Basis | ($7,000.00) |
| Income Generated | $64.97 |
| Percent Income Generated | 0.93% |
| Annualized Income Generated | 10.59% |
| Net Profit If Assigned | $64.97 |
| Percent Return If Assigned | 0.93% |
| Annualized Return If Assigned | 10.59% |
| Days Held to Expiration | 32 days |
