Friday, June 1, 2012

JNJ - New Position

A new CSP position was established today on Johnson and Johnson (JNJ). All prices include IB commissions.

Dividend Champions StatusChampion
Years of Consecutive Dividend Increases50
Fair Value Estimate$77.00
Target Buy Price$61.60
Target Margin of Safety20.00%
Actual Buy Price$60.00
Actual Margin of Safety22.08%

DateStockDescriptionTransactionStatusStock InvestmentIncome Generated
6/1/2012JNJCSP Margin UsedCSP 100 JNJ @ 60.00 ($6,000.00) 
6/1/2012JNJInitial Put OptionSTO 1 Jun12 60.00 Put @ 0.27  $26.97

Position Summary

Cost Basis($6,000.00)
Income Generated$26.97
Percent Income Generated0.45%
Annualized Income Generated11.72%
Net Profit If Assigned$26.97
Percent Return If Assigned0.45%
Annualized Return If Assigned11.72%
Days Held to Expiration14 days