Wednesday, April 21, 2010

ITW - New Position




A new position was established today on Illinois Tool Works Inc (ITW). All prices include IB commissions.

Criteria for Selection:


  • Dividend Champions Status = Member
  • Years of Consectutive Dividend Increases = 45
  • Years of Positive Free Cash Flow (last 10 years) = 10


NOTE: This is a consolidated position which uses the average starting date and combines the average cost basis, income received, and available cash from other positions which have been closed.








DateStockDescriptionTransactionStatusStock InvestmentIncome Generated
4/21/2010ITWCSP Margin UsedCSP 100 ITW @ 50.00 ($5,000.00) 
4/21/2010ITWNew Cost Basis$10,690.00 100 @ 106.90   
4/21/2010ITWContinued TradeSTO 1 May10 50.00 Put @ 0.84  $83.99


Current Position Summary





Cost Basis$10,690.00
Income Generated$3,543.99
Percent Income Generated33.15%
Annualized Income Generated12.09%
Net Profit If Assigned($2,146.01)
Percent Return If Assigned-20.07%
Annualized Return If Assigned-7.32%
Days Held to Expiration1001 days


Trade History














DateStockDescriptionTransactionStatusStock InvestmentIncome Generated
8/24/2007 Average Starting DateConsolidated Position   
4/21/2010 Average Cost Basis 170 @ 76.71 ($13,040.00) 
4/21/2010 Average Income 2 Income @ 20.35  $3,460.00
4/21/2010 Average Available Cash 170 @ -43.24 $7,350.00 
4/21/2010ITWCSP Margin UsedCSP 100 ITW @ 50.00 ($5,000.00) 
4/21/2010ITWNew Cost Basis$10,690.00 100 @ 106.90   
4/21/2010ITWContinued TradeSTO 1 May10 50.00 Put @ 0.84  $83.99
5/21/2010ITW Totals ($10,690.00)$3,543.99
DTE1001 Percent Income/Annualized 33.15%12.09%