Wednesday, June 20, 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$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
6/20/2012PGCSP Margin UsedCSP 100 PG @ 60.00 ($6,000.00) 
6/20/2012PGInitial Put OptionSTO 1 Jul12 60.00 Put @ 1.15  $115.23

Position Summary

Cost Basis($6,000.00)
Income Generated$115.23
Percent Income Generated1.92%
Annualized Income Generated23.37%
Net Profit If Assigned$115.23
Percent Return If Assigned1.92%
Annualized Return If Assigned23.37%
Days Held to Expiration30 days