Tuesday, February 5, 2013

NSC - New Position

The following adjustment was made today on Norfolk Southern Corporation (NSC). All prices include IB commissions.

CriteriaValue
Dividend Champions StatusContender
Years of Consecutive Dividend Increases11
Fair Value Estimate$85.00
Target Buy Price$59.20
Target Margin of Safety30.00%
Actual Buy Price$67.50
Actual Margin of Safety20.59%

DateStockDescriptionTransactionStatusStock InvestmentIncome Generated
2/5/2013NSCCSP Margin UsedCSP 100 NSC @ 67.50 ($6,750.00) 
2/5/2013NSCInitial Put OptionSTO 1 Mar13 67.50 Put @ 1.05  $104.51

Position Summary

Cost Basis($6,750.00)
Income Generated$104.51
Percent Income Generated1.55%
Annualized Income Generated14.87%
Net Profit If Closed$104.51
Percent Return If Closed1.55%
Annualized Return If Closed14.87%
Days Held to Expiration38 days