Tuesday, July 31, 2012

LOW - New Position

A new CSP position was established today on Lowes Companies Inc (LOW). All prices include IB commissions.

Dividend Champions StatusChampion
Years of Consecutive Dividend Increases50
Fair Value Estimate$34.00
Target Buy Price$23.80
Target Margin of Safety30.00%
Actual Buy Price$23.00
Actual Margin of Safety32.35%

DateStockDescriptionTransactionStatusStock InvestmentIncome Generated
7/31/2012LOWCSP Margin UsedCSP 200 LOW @ 23.00 ($4,600.00) 
7/31/2012LOWInitial Put OptionSTO 2 Sep12 23.00 Put @ 0.43  $86.79

Position Summary

Cost Basis($4,600.00)
Income Generated$86.79
Percent Income Generated1.89%
Annualized Income Generated13.24%
Net Profit If Assigned$86.79
Percent Return If Assigned1.89%
Annualized Return If Assigned13.24%
Days Held to Expiration52 days