Friday, August 30, 2013

JCI - New Position

A new CSP position was established today on Johnson Controls (JCI). All prices include IB commissions.

Dividend Champions StatusFrozen Angel
Years of Consecutive Dividend Increases36 of 37
Fair Value Estimate$45.00
Target Buy Price$31.50
Target Margin of Safety30.00%
Actual Buy Price$39.00
Actual Margin of Safety13.33%

DateStockDescriptionTransactionStatusStock InvestmentIncome Generated
8/30/2013JCICSP Margin UsedCSP 100 JCI @ 39.00 ($3,900.00) 
8/30/2013JCIInitial Put OptionSTO 1 Sep13 39.00 Put @ 0.39  $38.93

Position Summary

Cost Basis($3,900.00)
Income Generated$38.93
Percent Income Generated1.00%
Annualized Income Generated17.35%
Net Profit If Closed$38.93
Percent Return If Closed1.00%
Annualized Return If Closed17.35%
Days Held to Expiration21 days