Thursday, November 18, 2010

SYK - Adjustment




The following adjustment was made today on Stryker Corp (SYK). All prices include IB commissions.


  • Dividend Champions Status = Contender
  • Years of Consecutive Dividend Increases = 17
  • Years of Positive Free Cash Flow (last 10 years) = 10
  • Discount to Morningstar's Fair Value Estimate = 30.56%








DateStockDescriptionTransactionStatusStock InvestmentIncome Generated
11/18/2010SYKBuy Back and Roll OutBTC 1 Nov10 50.00 Call @ -1.44  ($143.76)
11/18/2010SYKContinued TradeSTO 1 Dec10 50.00 Call @ 2.21  $221.24


Current Position Summary





Cost Basis($5,000.00)
Income Generated$492.26
Percent Income Generated9.85%
Annualized Income Generated17.11%
Net Profit If Assigned$492.26
Percent Return If Assigned9.85%
Annualized Return If Assigned17.11%
Days Held to Expiration210 days


Trade History















DateStockDescriptionTransactionStatusStock InvestmentIncome Generated
5/21/2010SYKCSP Margin UsedCSP 100 SYK @ 50.00 ($5,000.00) 
5/21/2010SYKInitial Put OptionSTO 1 Sep10 50.00 Put @ 2.55Exercised $254.54
9/17/2010SYKCSP Margin ReturnedCSP 100 SYK @ -50.00 $5,000.00 
9/17/2010SYKStock AssignedEX 1 Sep10 50.00 Put @ -50.00 ($5,000.00) 
9/24/2010SYKContinued TradeSTO 1 Nov10 50.00 Call @ 1.45Closed $145.24
10/29/2010SYKDividend ReceivedDIV 100 Dividend @ 0.15  $15.00
11/18/2010SYKBuy Back and Roll OutBTC 1 Nov10 50.00 Call @ -1.44  ($143.76)
11/18/2010SYKContinued TradeSTO 1 Dec10 50.00 Call @ 2.21  $221.24
12/17/2010SYK Totals ($5,000.00)$492.26
DTE210 Percent Income/Annualized 9.85%17.11%