A new CSP position was established today on Becton Dickinson and Company (BDX). All prices include IB commissions.
| Criteria | Value |
|---|
| Dividend Champions Status | Champion |
| Years of Consecutive Dividend Increases | 28 |
| Years of Positive Free Cash Flow (last 10 years) | 10 |
| Ratio of P/E at Cost / 5yr Average P/E | 0.76 |
| Discount to Morningstar's Fair Value Estimate | 18.37% |
| Date | Stock | Description | Transaction | Status | Stock Investment | Income Generated |
|---|
| 1/4/2011 | BDX | CSP Margin Used | CSP 100 BDX @ 80.00 | | ($8,000.00) | |
| 1/4/2011 | BDX | Initial Put Option | STO 1 Feb11 80.00 Put @ 1.05 | | | $105.24 |
Position Summary
| Cost Basis | ($8,000.00) |
| Income Generated | $105.24 |
| Percent Income Generated | 1.32% |
| Annualized Income Generated | 10.67% |
| Net Profit If Assigned | $105.24 |
| Percent Return If Assigned | 1.32% |
| Annualized Return If Assigned | 10.67% |
| Days Held to Expiration | 45 days |
