Monday, May 14, 2012

UTX - New Position

A new CSP position was established today on United Technologies (UTX). All prices include IB commissions.

Dividend Champions StatusContender
Years of Consecutive Dividend Increases17
Fair Value Estimate$100.00
Target Buy Price$70.00
Target Margin of Safety30.00%
Actual Buy Price$70.00
Actual Margin of Safety30.00%

DateStockDescriptionTransactionStatusStock InvestmentIncome Generated
5/14/2012UTXCSP Margin UsedCSP 100 UTX @ 70.00 ($7,000.00) 
5/14/2012UTXInitial Put OptionSTO 1 Jun12 70.00 Put @ 0.65  $64.97

Position Summary

Cost Basis($7,000.00)
Income Generated$64.97
Percent Income Generated0.93%
Annualized Income Generated10.59%
Net Profit If Assigned$64.97
Percent Return If Assigned0.93%
Annualized Return If Assigned10.59%
Days Held to Expiration32 days