Wednesday, June 20, 2012

PH - New Position

A new CSP position was established today on Parker Hannifin Corp (PH). All prices include IB commissions.

Dividend Champions StatusChampion
Years of Consecutive Dividend Increases56
Fair Value Estimate$105.00
Target Buy Price$73.50
Target Margin of Safety30.00%
Actual Buy Price$75.00
Actual Margin of Safety28.57%

DateStockDescriptionTransactionStatusStock InvestmentIncome Generated
6/20/2012PHCSP Margin UsedCSP 100 PH @ 75.00 ($7,500.00) 
6/20/2012PHInitial Put OptionSTO 1 Jul12 75.00 Put @ 0.97  $96.97

Position Summary

Cost Basis($7,500.00)
Income Generated$96.97
Percent Income Generated1.29%
Annualized Income Generated15.73%
Net Profit If Assigned$96.97
Percent Return If Assigned1.29%
Annualized Return If Assigned15.73%
Days Held to Expiration30 days