A new CSP position was established today on Avon Products Inc (AVP). All prices include IB commissions.
| Criteria | Value |
|---|
| Dividend Champions Status | Contender |
| Years of Consecutive Dividend Increases | 22 |
| Fair Value Estimate | $36.00 |
| Target Buy Price | $25.00 |
| Target Margin of Safety | 30.56% |
| Actual Buy Price | $26.00 |
| Actual Margin of Safety | 27.78% |
| Date | Stock | Description | Transaction | Status | Stock Investment | Income Generated |
|---|
| 5/23/2011 | AVP | CSP Margin Used | CSP 200 AVP @ 26.00 | | ($5,200.00) | |
| 5/23/2011 | AVP | Initial Put Option | STO 2 Oct11 26.00 Put @ 0.82 | | | $164.56 |
Position Summary
| Cost Basis | ($5,200.00) |
| Income Generated | $164.56 |
| Percent Income Generated | 3.16% |
| Annualized Income Generated | 7.65% |
| Net Profit If Assigned | $164.56 |
| Percent Return If Assigned | 3.16% |
| Annualized Return If Assigned | 7.65% |
| Days Held to Expiration | 151 days |
