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.
| Date | Stock | Description | Transaction | Status | Stock Investment | Income Generated |
|---|---|---|---|---|---|---|
| 4/21/2010 | SYK | CSP Margin Used | CSP 100 SYK @ 55.00 |   | ($5,500.00) |   |
| 4/21/2010 | SYK | New Cost Basis | $11,190.00 100 @ 111.90 |   |   |   |
| 4/21/2010 | SYK | Continued Trade | STO 1 May10 55.00 Put @ 0.27 |   |   | $27.14 |
Current Position Summary
| Cost Basis | $11,190.00 |
| Income Generated | $3,487.14 |
| Percent Income Generated | 31.16% |
| Annualized Income Generated | 11.36% |
| Net Profit If Assigned | ($2,202.86) |
| Percent Return If Assigned | -19.69% |
| Annualized Return If Assigned | -7.18% |
| Days Held to Expiration | 1001 days |
Trade History
| Date | Stock | Description | Transaction | Status | Stock Investment | Income Generated |
|---|---|---|---|---|---|---|
| 8/24/2007 |   | Average Starting Date | Consolidated 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 |   |
| 4/21/2010 | SYK | CSP Margin Used | CSP 100 SYK @ 55.00 |   | ($5,500.00) |   |
| 4/21/2010 | SYK | New Cost Basis | $11,190.00 100 @ 111.90 |   |   |   |
| 4/21/2010 | SYK | Continued Trade | STO 1 May10 55.00 Put @ 0.27 |   |   | $27.14 |
| 5/21/2010 | SYK |   | Totals |   | ($11,190.00) | $3,487.14 |
| DTE | 1001 |   | Percent Income/Annualized |   | 31.16% | 11.36% |