Tuesday, October 19, 2010

ITW - New Position




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

This is the second position on ITW. The first position is a CC.


  • Dividend Champions Status = Champion
  • Years of Consectutive Dividend Increases = 47
  • Years of Positive Free Cash Flow (last 10 years) = 10
  • Discount to Morningstar's Fair Value Estimate = 29.17%








DateStockDescriptionTransactionStatusStock InvestmentIncome Generated
10/19/2010ITWCSP Margin UsedCSP 100 ITW @ 42.50 ($4,250.00) 
10/19/2010ITWInitial Put OptionSTO 1 Jan11 42.50 Put @ 1.18  $118.24


Position Summary





Cost Basis($4,250.00)
Income Generated$118.24
Percent Income Generated2.78%
Annualized Income Generated10.80%
Net Profit If Assigned$118.24
Percent Return If Assigned2.78%
Annualized Return If Assigned10.80%
Days Held to Expiration94 days