Monday, November 26, 2012

INTC - New Position

A new CSP position was established today on Intel Corp (INTC). All prices include IB commissions.

CriteriaValue
Dividend Champions StatusContender
Years of Consecutive Dividend Increases9
Fair Value Estimate$27.00
Target Buy Price$18.90
Target Margin of Safety20.00%
Actual Buy Price$19.00
Actual Margin of Safety29.63%

DateStockDescriptionTransactionStatusStock InvestmentIncome Generated
11/26/2012INTCCSP Margin UsedCSP 100 INTC @ 19.00 ($1,900.00) 
11/26/2012INTCInitial Put OptionSTO 1 Jan13 19.00 Put @ 0.42  $41.98

Position Summary

Cost Basis($1,900.00)
Income Generated$41.98
Percent Income Generated2.21%
Annualized Income Generated15.22%
Net Profit If Assigned$41.98
Percent Return If Assigned2.21%
Annualized Return If Assigned15.22%
Days Held to Expiration53 days

GES - New Position

A new CSP position was established today on Guess (GES). All prices include IB commissions.

This is a position which requires a minimum of 15% Downside Protection and 15% Annualized Return.

CriteriaValue
Downside Protection16.49%
Annualized Return16.31%
Fair Value Estimate$43.00
Target Buy Price$25.80
Target Margin of Safety40.00%
Actual Buy Price$21.00
Actual Margin of Safety51.16%

DateStockDescriptionTransactionStatusStock InvestmentIncome Generated
11/26/2012GESCSP Margin UsedCSP 100 GES @ 21.00 ($2,100.00) 
11/26/2012GESInitial Put OptionSTO 1 Jan13 21.00 Put @ 0.50  $49.74

Position Summary

Cost Basis($2,100.00)
Income Generated$49.74
Percent Income Generated2.37%
Annualized Income Generated16.31%
Net Profit If Assigned$49.74
Percent Return If Assigned2.37%
Annualized Return If Assigned16.31%
Days Held to Expiration53 days

COST - New Position

A new CSP position was established today on Costco Wholesale (COST). All prices include IB commissions.

CriteriaValue
Dividend Champions StatusContender
Years of Consecutive Dividend Increases9
Fair Value Estimate$116.00
Target Buy Price$92.80
Target Margin of Safety20.00%
Actual Buy Price$92.50
Actual Margin of Safety20.26%

DateStockDescriptionTransactionStatusStock InvestmentIncome Generated
11/26/2012COSTCSP Margin UsedCSP 100 COST @ 92.50 ($9,250.00) 
11/26/2012COSTInitial Put OptionSTO 1 Dec12 92.50 Put @ 0.65  $64.94

Position Summary

Cost Basis($9,250.00)
Income Generated$64.94
Percent Income Generated0.70%
Annualized Income Generated10.25%
Net Profit If Assigned$64.94
Percent Return If Assigned0.70%
Annualized Return If Assigned10.25%
Days Held to Expiration25 days

Monday, November 19, 2012

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$55.00
Target Buy Price$38.50
Target Margin of Safety30.00%
Actual Buy Price$40.00
Actual Margin of Safety27.27%

*Fair Value was lowered from $58 to $55 since inception which lowered my 31.03% Margin of Safety to 27.27%.

DateStockDescriptionTransactionStatusStock InvestmentIncome Generated
11/19/2012TEVAContinued TradeSTO 1 Dec12 40.00 Call @ 0.44  $44.24

Current Position Summary

Cost Basis($4,000.00)
Income Generated$160.55
Percent Income Generated4.01%
Annualized Income Generated5.35%
Net Profit If Assigned$160.55
Percent Return If Assigned4.01%
Annualized Return If Assigned5.35%
Days Held to Expiration274 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 @ 0.44  $44.24
12/21/2012TEVA Totals ($4,000.00)$160.55
DTE274 Percent Income/Annualized 4.01%5.35%

TBT - Adjustment

The following adjustment was made today on ProShares UltraShort 20+ Year Treasury (TBT). All prices include IB commissions.

DateStockDescriptionTransactionStatusStock InvestmentIncome Generated
11/19/2012TBTContinued TradeSTO 1 Dec12 60.00 Call @ 1.72  $172.26

Current Position Summary

Cost Basis($6,000.00)
Income Generated$268.20
Percent Income Generated4.47%
Annualized Income Generated22.05%
Net Profit If Assigned$268.20
Percent Return If Assigned4.47%
Annualized Return If Assigned22.05%
Days Held to Expiration74 days

Trade History

DateStockDescriptionTransactionStatusStock InvestmentIncome Generated
10/8/2012TBTCSP Margin UsedCSP 100 TBT @ 60.00 ($6,000.00) 
10/8/2012TBTInitial Put OptionSTO 1 Nov12 60.00 Put @ 0.96Exercised $95.94
11/16/2012TBTCSP Margin ReturnedCSP 100 TBT @ -60.00 $6,000.00 
11/16/2012TBTStock AssignedEX 1 Nov12 60.00 Put @ -60.00 ($6,000.00) 
11/19/2012TBTContinued TradeSTO 1 Dec12 60.00 Call @ 1.72  $172.26
12/21/2012TBT Totals ($6,000.00)$268.20
DTE74 Percent Income/Annualized 4.47%22.05%

NSC - Adjustment

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$60.00
Actual Margin of Safety29.41%

DateStockDescriptionTransactionStatusStock InvestmentIncome Generated
11/19/2012NSCContinued TradeSTO 1 Dec12 60.00 Call @ 0.52  $51.94

Current Position Summary

Cost Basis($6,000.00)
Income Generated$156.88
Percent Income Generated2.61%
Annualized Income Generated16.45%
Net Profit If Assigned$156.88
Percent Return If Assigned2.61%
Annualized Return If Assigned16.45%
Days Held to Expiration58 days

Trade History

DateStockDescriptionTransactionStatusStock InvestmentIncome Generated
10/24/2012NSCCSP Margin UsedCSP 100 NSC @ 60.00 ($6,000.00) 
10/24/2012NSCInitial Put OptionSTO 1 Nov12 60.00 Put @ 1.05Exercised $104.94
11/16/2012NSCCSP Margin ReturnedCSP 100 NSC @ -60.00 $6,000.00 
11/16/2012NSCStock AssignedEX 1 Nov12 60.00 Put @ -60.00 ($6,000.00) 
11/19/2012NSCContinued TradeSTO 1 Dec12 60.00 Call @ 0.52  $51.94
12/21/2012NSC Totals ($6,000.00)$156.88
DTE58 Percent Income/Annualized 2.61%16.45%

CSX - Adjustment

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

CriteriaValue
Dividend Champions StatusChallenger
Years of Consecutive Dividend Increases8
Fair Value Estimate$31.00
Target Buy Price$21.70
Target Margin of Safety30.00%
Actual Buy Price$20.00
Actual Margin of Safety35.48%

DateStockDescriptionTransactionStatusStock InvestmentIncome Generated
11/19/2012CSXContinued TradeSTO 1 Dec12 20.00 Call @ 0.24  $24.09

Current Position Summary

Cost Basis($2,000.00)
Income Generated$51.33
Percent Income Generated2.57%
Annualized Income Generated16.15%
Net Profit If Assigned$51.33
Percent Return If Assigned2.57%
Annualized Return If Assigned16.15%
Days Held to Expiration58 days

Trade History

DateStockDescriptionTransactionStatusStock InvestmentIncome Generated
10/24/2012CSXCSP Margin UsedCSP 100 CSX @ 20.00 ($2,000.00) 
10/24/2012CSXInitial Put OptionSTO 1 Nov12 20.00 Put @ 0.27Exercised $27.24
11/16/2012CSXCSP Margin ReturnedCSP 100 CSX @ -20.00 $2,000.00 
11/16/2012CSXStock AssignedEX 1 Nov12 20.00 Put @ -20.00 ($2,000.00) 
11/19/2012CSXContinued TradeSTO 1 Dec12 20.00 Call @ 0.24  $24.09
12/21/2012CSX Totals ($2,000.00)$51.33
DTE58 Percent Income/Annualized 2.57%16.15%

Sunday, November 18, 2012

SVXY - Closed

The ProShares Short VIX Short-Term Futures (SVXY) Nov12 50.00 Put expired and the position was closed. All prices include IB commissions.

Position Summary

Cost Basis$5,000.00
Net Profit$58.94
Percent Return1.18%
Annualized Return11.03%
Days Held to Expiration39 days

Trade History

DateStockDescriptionTransactionStatusStock InvestmentIncome Generated
10/8/2012SVXYCSP Margin UsedCSP 100 SVXY @ 50.00 ($5,000.00) 
10/8/2012SVXYInitial Put OptionSTO 1 Nov12 50.00 Put @ 0.59Expired $58.94
11/16/2012SVXYCSP Margin ReturnedCSP 100 SVXY @ -50.00  $5,000.00
11/16/2012SVXY Net Cost/Profit-Loss ($5,000.00)$58.94
DTE39 Percent Profit-Loss/Annualized 1.18%11.03%

COV - Closed

The Covidien (COV) Nov12 52.50 Put expired and the position was closed. All prices include IB commissions.

Position Summary

Cost Basis$5,250.00
Net Profit$48.94
Percent Return0.93%
Annualized Return14.79%
Days Held to Expiration23 days

Trade History

DateStockDescriptionTransactionStatusStock InvestmentIncome Generated
10/24/2012COVCSP Margin UsedCSP 100 COV @ 52.50 ($5,250.00) 
10/24/2012COVInitial Put OptionSTO 1 Nov12 52.50 Put @ 0.49Expired $48.94
11/16/2012COVCSP Margin ReturnedCSP 100 COV @ -52.50  $5,250.00
11/16/2012COV Net Cost/Profit-Loss ($5,250.00)$48.94
DTE23 Percent Profit-Loss/Annualized 0.93%14.79%

ANF - Closed

The Abercrombie & Fitch (ANF) Nov12 25.00 Put expired and the position was closed. All prices include IB commissions.

Position Summary

Cost Basis$2,500.00
Net Profit$26.24
Percent Return1.05%
Annualized Return16.66%
Days Held to Expiration23 days

Trade History

DateStockDescriptionTransactionStatusStock InvestmentIncome Generated
10/24/2012ANFCSP Margin UsedCSP 100 ANF @ 25.00 ($2,500.00) 
10/24/2012ANFInitial Put OptionSTO 1 Nov12 25.00 Put @ 0.26Expired $26.24
11/16/2012ANFCSP Margin ReturnedCSP 100 ANF @ -25.00  $2,500.00
11/16/2012ANF Net Cost/Profit-Loss ($2,500.00)$26.24
DTE23 Percent Profit-Loss/Annualized 1.05%16.66%