Friday, June 1, 2012

PG - New Position

A new CSP position was established today on Procter and Gamble (PG). All prices include IB commissions.

Dividend Champions StatusChampiom
Years of Consecutive Dividend Increases56
Fair Value Estimate$75.00
Target Buy Price$60.00
Target Margin of Safety20.00%
Actual Buy Price$60.00
Actual Margin of Safety20.00%

DateStockDescriptionTransactionStatusStock InvestmentIncome Generated
6/1/2012PGCSP Margin UsedCSP 100 PG @ 60.00 ($6,000.00) 
6/1/2012PGInitial Put OptionSTO 1 Jun12 60.00 Put @ 0.39  $39.12

Position Summary

Cost Basis($6,000.00)
Income Generated$39.12
Percent Income Generated0.65%
Annualized Income Generated17.00%
Net Profit If Assigned$39.12
Percent Return If Assigned0.65%
Annualized Return If Assigned17.00%
Days Held to Expiration14 days