Tuesday, November 23, 2010

MDT - New Position

A new CSP position was established today on Medtronic Inc (MDT). All prices include IB commissions.

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

  • Dividend Champions Status = Champion
  • Years of Consecutive Dividend Increases = 33
  • Years of Positive Free Cash Flow (last 10 years) = 10
  • Discount to Morningstar's Fair Value Estimate = 28.26%

DateStockDescriptionTransactionStatusStock InvestmentIncome Generated
11/23/2010MDTCSP Margin UsedCSP 200 MDT @ 33.00 ($6,600.00) 
11/23/2010MDTInitial Put OptionSTO 2 Dec11 33.00 Put @ 0.55  $109.22

Position Summary

Cost Basis($6,600.00)
Income Generated$109.22
Percent Income Generated1.65%
Annualized Income Generated25.17%
Net Profit If Assigned$109.22
Percent Return If Assigned1.65%
Annualized Return If Assigned25.17%
Days Held to Expiration24 days