A new CSP position was established today on Lockheed Martin Corp (LMT). All prices include IB commissions.
| Criteria | Value |
|---|
| Dividend Champions Status | Challenger |
| Years of Consecutive Dividend Increases | 8 |
| Years of Positive Free Cash Flow (last 10 years) | 10 |
| Ratio of P/E at Cost / 5yr Average P/E | 0.69 |
| Discount to Morningstar's Fair Value Estimate | 26.97% |
| Date | Stock | Description | Transaction | Status | Stock Investment | Income Generated |
|---|
| 1/3/2011 | LMT | CSP Margin Used | CSP 100 LMT @ 65.00 | | ($6,500.00) | |
| 1/3/2011 | LMT | Initial Put Option | STO 1 Feb11 24.00 Put @ 0.61 | | | $61.24 |
Position Summary
| Cost Basis | ($6,500.00) |
| Income Generated | $61.24 |
| Percent Income Generated | 0.94% |
| Annualized Income Generated | 7.48% |
| Net Profit If Assigned | $61.24 |
| Percent Return If Assigned | 0.94% |
| Annualized Return If Assigned | 7.48% |
| Days Held to Expiration | 46 days |
