The following adjustment was made today on Norfolk Southern Corporation (NSC). All prices include IB commissions.
| Criteria | Value |
|---|
| Dividend Champions Status | Contender |
| Years of Consecutive Dividend Increases | 11 |
| Fair Value Estimate | $85.00 |
| Target Buy Price | $59.20 |
| Target Margin of Safety | 30.00% |
| Actual Buy Price | $60.00 |
| Actual Margin of Safety | 29.41% |
| Date | Stock | Description | Transaction | Status | Stock Investment | Income Generated |
|---|
| 11/19/2012 | NSC | Continued Trade | STO 1 Dec12 60.00 Call @ 0.52 | | | $51.94 |
Current Position Summary
| Cost Basis | ($6,000.00) |
| Income Generated | $156.88 |
| Percent Income Generated | 2.61% |
| Annualized Income Generated | 16.45% |
| Net Profit If Assigned | $156.88 |
| Percent Return If Assigned | 2.61% |
| Annualized Return If Assigned | 16.45% |
| Days Held to Expiration | 58 days |
Trade History
| Date | Stock | Description | Transaction | Status | Stock Investment | Income Generated |
|---|
| 10/24/2012 | NSC | CSP Margin Used | CSP 100 NSC @ 60.00 | | ($6,000.00) | |
| 10/24/2012 | NSC | Initial Put Option | STO 1 Nov12 60.00 Put @ 1.05 | Exercised | | $104.94 |
| 11/16/2012 | NSC | CSP Margin Returned | CSP 100 NSC @ -60.00 | | $6,000.00 | |
| 11/16/2012 | NSC | Stock Assigned | EX 1 Nov12 60.00 Put @ -60.00 | | ($6,000.00) | |
| 11/19/2012 | NSC | Continued Trade | STO 1 Dec12 60.00 Call @ 0.52 | | | $51.94 |
| 12/21/2012 | NSC | | Totals | | ($6,000.00) | $156.88 |
| DTE | 58 | | Percent Income/Annualized | | 2.61% | 16.45% |
