The following adjustment was made today on Abbott Laboratories (ABT). All prices include IB commissions.
The Jan 55 Call was bought back and no new call was sold. I'll continue to hold ABT as a long stock position and collect dividends until I can sell another 55 call at a sufficient premium.
- Dividend Champions Status = Champion
- Years of Consecutive Dividend Increases = 38
- Years of Positive Free Cash Flow (last 10 years) = 10
- Discount to Morningstar's Fair Value Estimate = 23.90%
| Date | Stock | Description | Transaction | Status | Stock Investment | Income Generated |
|---|---|---|---|---|---|---|
| 12/21/2010 | ABT | Buy Back | BTC 1 Jan11 55.00 Call @ -0.03 | ($2.96) |
Current Position Summary
| Cost Basis | ($5,500.00) |
| Income Generated | $498.54 |
| Percent Income Generated | 9.06% |
| Annualized Income Generated | 9.09% |
| Net Profit If Assigned | $498.54 |
| Percent Return If Assigned | 9.06% |
| Annualized Return If Assigned | 9.09% |
| Days Held to Expiration | 364 days |
Trade History
| 1/22/2010 | ABT | CSP Margin Used | CSP 100 ABT @ 55.00 | ($5,500.00) | ||
| 1/22/2010 | ABT | Initial Put Option | STO 1 Feb10 55.00 Put @ 1.00 | Exercised | $100.00 | |
| 2/19/2010 | ABT | CSP Margin Returned | CSP 100 ABT @ -55.00 | $5,500.00 | ||
| 2/19/2010 | ABT | Stock Assigned | EX 1 Feb10 55.00 Put @ -55.00 | ($5,500.00) | ||
| 2/22/2010 | ABT | Continued Trade | STO 1 Mar10 55.00 Call @ 0.60 | Expired | $60.14 | |
| 4/30/2010 | ABT | Continued Trade | STO 1 May10 52.50 Call @ 0.31 | Closed | $31.14 | |
| 5/15/2010 | ABT | Dividend Received | DIV 100 Dividend @ 0.44 | $44.00 | ||
| 5/21/2010 | ABT | Buy Back and Roll Out/Down | BTC 1 May10 52.50 Call @ -0.03 | ($3.01) | ||
| 5/21/2010 | ABT | Interim Trade | STO 1 Aug10 50.00 Call @ 1.05 | Expired | $104.99 | |
| 8/15/2010 | ABT | Dividend Received | DIV 100 Dividend @ 0.44 | $44.00 | ||
| 9/1/2010 | ABT | Continued Trade | STO 1 Jan11 55.00 Call @ 0.76 | Closed | $76.24 | |
| 11/15/2010 | ABT | Dividend Received | DIV 100 Dividend @ 0.44 | $44.00 | ||
| 12/21/2010 | ABT | Buy Back | BTC 1 Jan11 55.00 Call @ -0.03 | ($2.96) | ||
| 1/21/2011 | ABT | Totals | ($5,500.00) | $498.54 | ||
| DTE | 364 | Percent Income/Annualized | 9.06% | 9.09% |
