Thursday, June 21, 2012

TXN - New Position

A new CSP position was established today on Texas Instruments (TXN). All prices include IB commissions.

Dividend Champions StatusChallenger
Years of Consecutive Dividend Increases8
Fair Value Estimate$38.00
Target Buy Price$26.60
Target Margin of Safety30.00%
Actual Buy Price$26.00
Actual Margin of Safety31.58%

DateStockDescriptionTransactionStatusStock InvestmentIncome Generated
6/21/2012TXNCSP Margin UsedCSP 200 TXN @ 26.00 ($5,200.00) 
6/21/2012TXNInitial Put OptionSTO 2 Jul12 26.00 Put @ 0.28  $56.55

Position Summary

Cost Basis($5,200.00)
Income Generated$56.55
Percent Income Generated1.09%
Annualized Income Generated13.69%
Net Profit If Assigned$56.55
Percent Return If Assigned1.09%
Annualized Return If Assigned13.69%
Days Held to Expiration29 days