Wednesday, September 21, 2011

BDX - New Position

A new CSP position was established today on Becton Dickinson and Company (BDX). All prices include IB commissions.

Note: This is the second position on BDX

CriteriaValue
Dividend Champions StatusChampion
Years of Consecutive Dividend Increases38
Fair Value Estimate$98.00
Target Buy Price$78.40
Target Margin of Safety20.00%
Actual Buy Price$65.00
Actual Margin of Safety33.67%

DateStockDescriptionTransactionStatusStock InvestmentIncome Generated
9/21/2011BDXCSP Margin UsedCSP 100 BDX @ 65.00 ($6,500.00) 
9/21/2011BDXInitial Put OptionSTO 1 Oct11 65.00 Put @ 0.34  $33.98

Position Summary

Cost Basis($6,500.00)
Income Generated$33.98
Percent Income Generated0.52%
Annualized Income Generated6.36%
Net Profit If Assigned$33.98
Percent Return If Assigned0.52%
Annualized Return If Assigned6.36%
Days Held to Expiration30 days