Tuesday, December 21, 2010

ITW - Adjustment




The following adjustment was made today on Illinois Tool Works Inc (ITW). All prices include IB commissions.


  • Dividend Champions Status = Champion
  • Years of Consecutive Dividend Increases = 47
  • Years of Positive Free Cash Flow (last 10 years) = 10
  • Discount to Morningstar's Fair Value Estimate = 16.67%








DateStockDescriptionTransactionStatusStock InvestmentIncome Generated
12/21/2010ITWBuy Back and Roll OutBTC 1 Jan11 50.00 Call @ -3.24  ($323.76)
12/21/2010ITWContinued TradeSTO 1 Feb11 50.00 Call @ 3.63  $363.24


Current Position Summary





Cost Basis($5,000.00)
Income Generated$447.23
Percent Income Generated8.94%
Annualized Income Generated10.77%
Net Profit If Assigned$447.23
Percent Return If Assigned8.94%
Annualized Return If Assigned10.77%
Days Held to Expiration303 days


Trade History


















DateStockDescriptionTransactionStatusStock InvestmentIncome Generated
4/21/2010ITWCSP Margin UsedCSP 100 ITW @ 50.00 ($5,000.00) 
4/21/2010ITWInitial Put OptionSTO 1 May10 50.00 Put @ 0.84Closed $83.99
5/21/2010ITWBuy Back and Roll Out/DownBTC 1 May10 50.00 Put @ -4.83  ($482.86)
5/21/2010ITWContinued TradeSTO 1 Sep10 50.00 Put @ 6.66Exercised $666.14
9/17/2010ITWCSP Margin ReturnedCSP 100 ITW @ -50.00 $5,000.00 
9/17/2010ITWStock AssignedEX 1 Sep10 50.00 Put @ -50.00 ($5,000.00) 
9/24/2010ITWContinued TradeSTO 1 Nov10 50.00 Call @ 0.60Expired $60.24
10/13/2010ITWDividend ReceivedDIV 100 Dividend @ 0.34  $34.00
11/24/2010ITWContinued TradeSTO 1 Jan11 50.00 Call @ 0.46Closed $46.24
12/21/2010ITWBuy Back and Roll OutBTC 1 Jan11 50.00 Call @ -3.24  ($323.76)
12/21/2010ITWContinued TradeSTO 1 Feb11 50.00 Call @ 3.63  $363.24
2/18/2011ITW Totals ($5,000.00)$447.23
DTE303 Percent Income/Annualized 8.94%10.77%