Monday, June 25, 2012

UTX - New Position

A new CSP position was established today on United Technologies (UTX). All prices include IB commissions.

Dividend Champions StatusContender
Years of Consecutive Dividend Increases17
Fair Value Estimate$100.00
Target Buy Price$70.00
Target Margin of Safety30.00%
Actual Buy Price$70.00
Actual Margin of Safety30.00%

DateStockDescriptionTransactionStatusStock InvestmentIncome Generated
6/25/2012UTXCSP Margin UsedCSP 100 UTX @ 70.00 ($7,000.00) 
6/25/2012UTXInitial Put OptionSTO 1 Jul12 70.00 Put @ 0.58  $57.97

Position Summary

Cost Basis($7,000.00)
Income Generated$57.97
Percent Income Generated0.83%
Annualized Income Generated12.09%
Net Profit If Assigned$57.97
Percent Return If Assigned0.83%
Annualized Return If Assigned12.09%
Days Held to Expiration25 days