The following adjustment was made today on Colgate-Palmolive Company (CL). CL announced earnings today and I decided to continue this position. All prices include IB commissions.
| Criteria | Value |
|---|
| Dividend Champions Status | Champion |
| Years of Consecutive Dividend Increases | 47 |
| Years of Positive Free Cash Flow (last 10 years) | 10 |
| Ratio of P/E at Cost / 5yr Average P/E | 0.82 |
| Discount to Morningstar's Fair Value Estimate | 18.48% |
| Date | Stock | Description | Transaction | Status | Stock Investment | Income Generated |
|---|
| 1/27/2011 | CL | Continued Trade | STO 1 Mar11 75.00 Put @ 0.77 | | | $76.99 |
Current Position Summary
| Cost Basis | ($7,500.00) |
| Income Generated | $297.97 |
| Percent Income Generated | 3.97% |
| Annualized Income Generated | 8.19% |
| Net Profit If Assigned | $297.97 |
| Percent Return If Assigned | 3.97% |
| Annualized Return If Assigned | 8.19% |
| Days Held to Expiration | 177 days |
Trade History
| Date | Stock | Description | Transaction | Status | Stock Investment | Income Generated |
|---|
| 9/22/2010 | CL | CSP Margin Used | CSP 100 CL @ 75.00 | | ($7,500.00) | |
| 9/22/2010 | CL | Initial Put Option | STO 1 Nov10 75.00 Put @ 1.11 | Expired | | $110.99 |
| 11/22/2010 | CL | Continued Trade | STO 1 Jan11 75.00 Put @ 1.10 | Expired | | $109.99 |
| 1/27/2011 | CL | Continued Trade | STO 1 Mar11 75.00 Put @ 0.77 | | | $76.99 |
| 3/18/2011 | CL | | Totals | | ($7,500.00) | $297.97 |
| DTE | 177 | | Percent Income/Annualized | | 3.97% | 8.19% |
