Friday, June 1, 2012

XOM - New Position

A new CSP position was established today on Exxon Mobil Corp (XOM). All prices include IB commissions.

Dividend Champions StatusChampion
Years of Consecutive Dividend Increases30
Fair Value Estimate$91.00
Target Buy Price$72.80
Target Margin of Safety20.00%
Actual Buy Price$72.50
Actual Margin of Safety20.33%

DateStockDescriptionTransactionStatusStock InvestmentIncome Generated
6/1/2012XOMCSP Margin UsedCSP 100 XOM @ 72.50 ($7,250.00) 
6/1/2012XOMInitial Put OptionSTO 1 Jun12 72.50 Put @ 0.29  $29.12

Position Summary

Cost Basis($7,250.00)
Income Generated$29.12
Percent Income Generated0.40%
Annualized Income Generated10.47%
Net Profit If Assigned$29.12
Percent Return If Assigned0.40%
Annualized Return If Assigned10.47%
Days Held to Expiration14 days