Monday, November 22, 2010

NVS - New Position




A new CSP position was established today on Novatris (NSV). All prices include IB commissions.


  • Dividend Champions Status = Challenger
  • Years of Consecutive Dividend Increases = 9
  • Years of Positive Free Cash Flow (last 10 years) = 10
  • Discount to Morningstar's Fair Value Estimate = 22.54%








DateStockDescriptionTransactionStatusStock InvestmentIncome Generated
11/22/2010NVSCSP Margin UsedCSP 100 NVS @ 55.00 ($5,500.00) 
11/22/2010NVSInitial Put OptionSTO 1 Dec11 55.00 Put @ 0.88  $88.24


Position Summary





Cost Basis($5,500.00)
Income Generated$88.24
Percent Income Generated1.60%
Annualized Income Generated23.42%
Net Profit If Assigned$88.24
Percent Return If Assigned1.60%
Annualized Return If Assigned23.42%
Days Held to Expiration25 days