Wednesday, January 26, 2011

ABT - New Position




A new CSP position was established today on Abbott Laboratories (ABT). All prices include IB commissions.

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








CriteriaValue
Dividend Champions StatusChampion
Years of Consecutive Dividend Increases46
Years of Positive Free Cash Flow (last 10 years)10
Ratio of P/E at Cost / 5yr Average P/E0.65
Discount to Morningstar's Fair Value Estimate32.35%








DateStockDescriptionTransactionStatusStock InvestmentIncome Generated
1/26/2011ABTCSP Margin UsedCSP 100 ABT @ 46.00 ($4,600.00) 
1/26/2011ABTInitial Put OptionSTO 1 Feb11 46.00 Put @ 0.32  $31.84


Position Summary





Cost Basis($4,600.00)
Income Generated$31.84
Percent Income Generated0.69%
Annualized Income Generated10.98%
Net Profit If Assigned$31.84
Percent Return If Assigned0.69%
Annualized Return If Assigned10.98%
Days Held to Expiration23 days