Wednesday, April 21, 2010

SYK - New Position




A new position was established today on Stryker Corp (SYK). All prices include IB commissions.

Criteria for Selection:


  • Dividend Champions Status = Contender
  • Years of Consectutive Dividend Increases = 17
  • 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
4/21/2010SYKCSP Margin UsedCSP 100 SYK @ 55.00 ($5,500.00) 
4/21/2010SYKNew Cost Basis$11,190.00 100 @ 111.90   
4/21/2010SYKContinued TradeSTO 1 May10 55.00 Put @ 0.27  $27.14


Current Position Summary





Cost Basis$11,190.00
Income Generated$3,487.14
Percent Income Generated31.16%
Annualized Income Generated11.36%
Net Profit If Assigned($2,202.86)
Percent Return If Assigned-19.69%
Annualized Return If Assigned-7.18%
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 
4/21/2010SYKCSP Margin UsedCSP 100 SYK @ 55.00 ($5,500.00) 
4/21/2010SYKNew Cost Basis$11,190.00 100 @ 111.90   
4/21/2010SYKContinued TradeSTO 1 May10 55.00 Put @ 0.27  $27.14
5/21/2010SYK Totals ($11,190.00)$3,487.14
DTE1001 Percent Income/Annualized 31.16%11.36%