Tuesday, June 26, 2012

PH - New Position

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

This is the second position on PH.

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$70.00
Actual Margin of Safety33.33%

DateStockDescriptionTransactionStatusStock InvestmentIncome Generated
6/26/2012PHCSP Margin UsedCSP 100 PH @ 70.00 ($7,000.00) 
6/26/2012PHInitial Put OptionSTO 1 Jun12 70.00 Put @ 1.00  $99.55

Position Summary

Cost Basis($7,000.00)
Income Generated$99.55
Percent Income Generated1.42%
Annualized Income Generated21.63%
Net Profit If Assigned$99.55
Percent Return If Assigned1.42%
Annualized Return If Assigned21.63%
Days Held to Expiration24 days