A new CSP position was established today on General Dynamics (GD). All prices include IB commissions.
| Criteria | Value |
|---|
| Dividend Champions Status | Contender |
| Years of Consecutive Dividend Increases | 21 |
| Fair Value Estimate | $82.00 |
| Target Buy Price | $57.40 |
| Target Margin of Safety | 30.00% |
| Actual Buy Price | $62.50 |
| Actual Margin of Safety | 23.78% |
| Date | Stock | Description | Transaction | Status | Stock Investment | Income Generated |
|---|
| 2/4/2013 | GD | CSP Margin Used | CSP 100 GD @ 62.50 | | ($6,250.00) | |
| 2/4/2013 | GD | Initial Put Option | STO 1 Mar13 62.50 Put @ 1.00 | | | $99.51 |
Position Summary
| Cost Basis | ($6,250.00) |
| Income Generated | $99.51 |
| Percent Income Generated | 1.59% |
| Annualized Income Generated | 14.90% |
| Net Profit If Closed | $99.51 |
| Percent Return If Closed | 1.59% |
| Annualized Return If Closed | 14.90% |
| Days Held to Expiration | 39 days |
