The following adjustment was made today on Dover Corp (DOV). All prices include IB commissions.
| Criteria | Value |
|---|
| Dividend Champions Status | Champion |
| Years of Consecutive Dividend Increases | 55 |
| Fair Value Estimate | $77.00 |
| Target Buy Price | $55.00 |
| Target Margin of Safety | 28.57% |
| Actual Buy Price | $55.00 |
| Actual Margin of Safety | 28.57% |
| Date | Stock | Description | Transaction | Status | Stock Investment | Income Generated |
|---|
| 9/27/2011 | DOV | Continued Trade | STO 1 Nov11 55.00 Call @ 1.27 | | | $126.98 |
Current Position Summary
| Cost Basis | ($5,500.00) |
| Income Generated | $265.96 |
| Percent Income Generated | 4.84% |
| Annualized Income Generated | 9.86% |
| Net Profit If Assigned | $265.96 |
| Percent Return If Assigned | 4.84% |
| Annualized Return If Assigned | 9.86% |
| Days Held to Expiration | 179 days |
Trade History
| Date | Stock | Description | Transaction | Status | Stock Investment | Income Generated |
|---|
| 5/23/2011 | DOV | CSP Margin Used | CSP 100 DOV @ 55.00 | | ($5,500.00) | |
| 5/23/2011 | DOV | Initial Put Option | STO 1 Sep11 55.00 Put @ 1.39 | Exercised | | $138.98 |
| 9/16/2011 | DOV | CSP Margin Returned | CSP 100 DOV @ -55.00 | | $5,500.00 | |
| 9/16/2011 | DOV | Stock Assigned | EX 1 Sep11 55.00 Put @ -55.00 | | ($5,500.00) | |
| 9/27/2011 | DOV | Continued Trade | STO 1 Nov11 55.00 Call @ 1.27 | | | $126.98 |
| 11/18/2011 | DOV | | Totals | | ($5,500.00) | $265.96 |
| DTE | 179 | | Percent Income/Annualized | | 4.84% | 9.86% |
