A new CSP position was established today on Nucor Corporation (NUE). All prices include IB commissions.
| Criteria | Value |
|---|
| Dividend Champions Status | Champion |
| Years of Consecutive Dividend Increases | 38 |
| Years of Positive Free Cash Flow (last 10 years) | 10 |
| Fair Value Estimate | $58.00 |
| Target Buy Price | $35.00 |
| Target Margin of Safety | 40.00% |
| Actual Buy Price | $40.00 |
| Actual Margin of Safety | 31.03% |
| Date | Stock | Description | Transaction | Status | Stock Investment | Income Generated |
|---|
| 5/19/2011 | NUE | CSP Margin Used | CSP 100 NUE @ 40.00 | | ($4,000.00) | |
| 5/19/2011 | NUE | Initial Put Option | STO 1 Jun11 40.00 Put @ 0.35 | | | $34.98 |
Position Summary
| Cost Basis | ($4,000.00) |
| Income Generated | $34.98 |
| Percent Income Generated | 0.87% |
| Annualized Income Generated | 11.01% |
| Net Profit If Assigned | $34.98 |
| Percent Return If Assigned | 0.87% |
| Annualized Return If Assigned | 11.01% |
| Days Held to Expiration | 29 days |
