A new CSP position was established today on Paychex Inc (PAYX). All prices include IB commissions.
This is the second position on PAYX. The first position is a CC.
- Dividend Champions Status = Contender (Deleted 10/18/10)
- Years of Consectutive Dividend Increases = 20
- Years of Positive Free Cash Flow (last 10 years) = 10
- Discount to Morningstar's Fair Value Estimate = 42.62%
| Date | Stock | Description | Transaction | Status | Stock Investment | Income Generated |
|---|---|---|---|---|---|---|
| 10/19/2010 | PAYX | CSP Margin Used | CSP 200 PAYX @ 25.00 | ($5,000.00) | ||
| 10/19/2010 | PAYX | Initial Put Option | STO 2 Dec10 25.00 Put @ 0.34 | $67.07 |
Position Summary
| Cost Basis | ($5,000.00) |
| Income Generated | $67.07 |
| Percent Income Generated | 1.34% |
| Annualized Income Generated | 8.30% |
| Net Profit If Assigned | $67.07 |
| Percent Return If Assigned | 1.34% |
| Annualized Return If Assigned | 8.30% |
| Days Held to Expiration | 59 days |
