Wednesday, January 23, 2013

BHP - New Position

A new CSP position was established today on BHP Billiton Ltd. (BHP). All prices include IB commissions.

Dividend Champions StatusContender
Years of Consecutive Dividend Increases10
Fair Value Estimate$100.00
Target Buy Price$70.00
Target Margin of Safety30.00%
Actual Buy Price$75.00
Actual Margin of Safety25.00%

DateStockDescriptionTransactionStatusStock InvestmentIncome Generated
1/23/2013BHPCSP Margin UsedCSP 100 BHP @ 75.00 ($7,500.00) 
1/23/2013BHPInitial Put OptionSTO 1 Mar13 75.00 Put @ 1.45  $144.93

Position Summary

Cost Basis($7,500.00)
Income Generated$144.93
Percent Income Generated1.93%
Annualized Income Generated13.83%
Net Profit If Closed$144.93
Percent Return If Closed1.93%
Annualized Return If Closed13.83%
Days Held to Expiration51 days