The following adjustment was made today on Abbott Laboratories (ABT). All prices include IB commissions.
This is the second position on ABT. The first position is a CC.
| 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 | $68.00 |
| Target Buy Price | $55.00 |
| Target Margin of Safety | 20.00% |
| Actual Buy Price | $52.50 |
| Actual Margin of Safety | 22.79% |
| Date | Stock | Description | Transaction | Status | Stock Investment | Income Generated |
|---|---|---|---|---|---|---|
| 6/17/2011 | ABT | Buy Back and Roll Out | BTC 1 Jun11 52.50 Put @ -0.82 | ($81.97) | ||
| 6/17/2011 | ABT | Continued Trade | STO 1 Aug11 52.50 Put @ 2.19 | $219.03 |
Current Position Summary
| Cost Basis | ($5,250.00) |
| Income Generated | $192.40 |
| Percent Income Generated | 3.66% |
| Annualized Income Generated | 14.54% |
| Net Profit If Assigned | $192.40 |
| Percent Return If Assigned | 3.66% |
| Annualized Return If Assigned | 14.54% |
| Days Held to Expiration | 92 days |
Trade History
| Date | Stock | Description | Transaction | Status | Stock Investment | Income Generated |
|---|---|---|---|---|---|---|
| 5/19/2011 | ABT | CSP Margin Used | CSP 100 ABT @ 52.50 | ($5,250.00) | ||
| 5/19/2011 | ABT | Initial Put Option | STO 1 Jun11 52.50 Put @ 0.55 | Closed | $55.34 | |
| 6/17/2011 | ABT | Buy Back and Roll Out | BTC 1 Jun11 52.50 Put @ -0.82 | ($81.97) | ||
| 6/17/2011 | ABT | Continued Trade | STO 1 Aug11 52.50 Put @ 2.19 | $219.03 | ||
| 8/19/2011 | ABT | Totals | ($5,250.00) | $192.40 | ||
| DTE | 92 | Percent Income/Annualized | 3.66% | 14.54% |
