Thursday, March 31, 2011

LOW - New Position

A new CSP position was established today on Lowes Companies Inc (LOW). All prices include IB commissions.

Dividend Champions StatusChampion
Years of Consecutive Dividend Increases48
Years of Positive Free Cash Flow (last 10 years)10
Fair Value Estimate$36.00
Target Buy Price$25.00
Target Margin of Safety30.56%
Actual Buy Price$25.00
Actual Margin of Safety30.56%

DateStockDescriptionTransactionStatusStock InvestmentIncome Generated
3/31/2011LOWCSP Margin UsedCSP 200 LOW @ 25.00 ($5,000.00) 
3/31/2011LOWInitial Put OptionSTO 2 May11 25.00 Put @ 0.50  $100.57

Position Summary

Cost Basis($5,000.00)
Income Generated$100.57
Percent Income Generated2.01%
Annualized Income Generated14.68%
Net Profit If Assigned$100.57
Percent Return If Assigned2.01%
Annualized Return If Assigned14.68%
Days Held to Expiration50 days