A new CSP position was established today on BHP Billiton Ltd. (BHP). All prices include IB commissions.
| Criteria | Value |
|---|
| Dividend Champions Status | Contender |
| Years of Consecutive Dividend Increases | 10 |
| Fair Value Estimate | $100.00 |
| Target Buy Price | $70.00 |
| Target Margin of Safety | 30.00% |
| Actual Buy Price | $75.00 |
| Actual Margin of Safety | 25.00% |
| Date | Stock | Description | Transaction | Status | Stock Investment | Income Generated |
|---|
| 1/23/2013 | BHP | CSP Margin Used | CSP 100 BHP @ 75.00 | | ($7,500.00) | |
| 1/23/2013 | BHP | Initial Put Option | STO 1 Mar13 75.00 Put @ 1.45 | | | $144.93 |
Position Summary
| Cost Basis | ($7,500.00) |
| Income Generated | $144.93 |
| Percent Income Generated | 1.93% |
| Annualized Income Generated | 13.83% |
| Net Profit If Closed | $144.93 |
| Percent Return If Closed | 1.93% |
| Annualized Return If Closed | 13.83% |
| Days Held to Expiration | 51 days |
