A new CSP position was established today on Johnson and Johnson (JNJ). All prices include IB commissions.
| Criteria | Value |
|---|
| Dividend Champions Status | Champion |
| Years of Consecutive Dividend Increases | 48 |
| Years of Positive Free Cash Flow (last 10 years) | 10 |
| Ratio of P/E at Cost / 5yr Average P/E | 0.81 |
| Discount to Morningstar's Fair Value Estimate | 22.08% |
| Date | Stock | Description | Transaction | Status | Stock Investment | Income Generated |
|---|
| 1/25/2011 | JNJ | CSP Margin Used | CSP 100 JNJ @ 60.00 | | ($6,000.00) | |
| 1/25/2011 | JNJ | Initial Put Option | STO 1 Mar11 60.00 Put @ 0.94 | | | $94.04 |
Position Summary
| Cost Basis | ($6,000.00) |
| Income Generated | $94.04 |
| Percent Income Generated | 1.57% |
| Annualized Income Generated | 11.00% |
| Net Profit If Assigned | $94.04 |
| Percent Return If Assigned | 1.57% |
| Annualized Return If Assigned | 11.00% |
| Days Held to Expiration | 52 days |
