Thursday, August 1, 2013

TEVA - Adjustment

The following adjustment was made today on Teva Pharmaceutical Industries Ltd (TEVA). All prices include IB commissions.

CriteriaValue
Dividend Champions StatusContender
Years of Consecutive Dividend Increases13
Fair Value Estimate$48.00*
Target Buy Price$33.60
Target Margin of Safety30.00%
Actual Buy Price$40.00
Actual Margin of Safety16.67%

*Fair Value was lowered from $58 to $48 since inception which lowered my 31.03% Margin of Safety to 16.67%.

DateStockDescriptionTransactionStatusStock InvestmentIncome Generated
8/16/2013TEVA Totals ($4,000.00)$289.70

Current Position Summary

Cost Basis($4,000.00)
Income Generated$289.70
Percent Income Generated7.24%
Annualized Income Generated5.16%
Net Profit If Closed$289.70
Percent Return If Closed7.24%
Annualized Return If Closed5.16%
Days Held to Expiration512 days

Trade History

DateStockDescriptionTransactionStatusStock InvestmentIncome Generated
3/22/2012TEVACSP Margin UsedCSP 100 TEVA @ 40.00 ($4,000.00) 
3/22/2012TEVAInitial Put OptionSTO 1 May12 40.00 Put @ 0.51Exercised $50.97
5/18/2012TEVACSP Margin ReturnedCSP 100 TEVA @ -40.00 $4,000.00 
5/18/2012TEVAStock AssignedEX 1 May12 40.00 Put @ -40.00 ($4,000.00) 
6/25/2012TEVAContinued TradeSTO 1 Jul12 42.50 Call @ 0.19Expired $19.27
7/27/2012TEVAContinued TradeSTO 1 Sep12 45.00 Call @ 0.25Expired $25.24
9/4/2012TEVADividend ReceivedSTO 100 Dividend @ 0.25  $24.80
9/4/2012TEVAWitholding TaxTAX 1 Withholding Tax @ -0.04  ($3.97)
11/19/2012TEVAContinued TradeSTO 1 Dec12 40.00 Call @ 0.44Expired $44.24
12/3/2012TEVADividend ReceivedSTO 100 Dividend @ 0.26  $25.52
12/3/2012TEVAWitholding TaxTAX 1 Withholding Tax @ -0.05  ($5.28)
3/6/2013TEVAContinued TradeSTO 1 Apr13 40.00 Call @ 0.59Expired $59.16
6/3/2013TEVADividend ReceivedDIV 100 Dividend @ 0.32  $31.55
6/3/2013TEVAWitholding TaxTAX 1 Withholding Tax @ -0.05  ($4.73)
8/1/2013TEVAContinued TradeSTO 1 Aug13 40.00 Call @ 0.23  $22.93
8/16/2013TEVA Totals ($4,000.00)$289.70
DTE512 Percent Income/Annualized 7.24%5.16%