A new CSP position was established today on 3M Company (MMM). All prices include IB commissions.
- Dividend Champions Status = Champion
- Years of Consectutive Dividend Increases = 52
- Years of Positive Free Cash Flow (last 10 years) = 10
- Discount to Morningstar's Fair Value Estimate = 20.00%
| Date | Stock | Description | Transaction | Status | Stock Investment | Income Generated |
|---|---|---|---|---|---|---|
| 9/22/2010 | MMM | CSP Margin Used | CSP 100 MMM @ 80.00 | ($8,000.00) | ||
| 9/22/2010 | MMM | Initial Put Option | STO 1 Nov10 80.00 Put @ 1.32 | $131.99 |
Position Summary
| Cost Basis | ($8,000.00) |
| Income Generated | $131.99 |
| Percent Income Generated | 1.65% |
| Annualized Income Generated | 10.38% |
| Net Profit If Assigned | $131.99 |
| Percent Return If Assigned | 1.65% |
| Annualized Return If Assigned | 10.38% |
| Days Held to Expiration | 58 days |
