A new CSP position was established today on Procter and Gamble (PG). All prices include IB commissions.
| Criteria | Value |
|---|
| Dividend Champions Status | Champiom |
| Years of Consecutive Dividend Increases | 55 |
| Fair Value Estimate | $77.00 |
| Target Buy Price | $61.60 |
| Target Margin of Safety | 20.00% |
| Actual Buy Price | $57.50 |
| Actual Margin of Safety | 41.56% |
| Date | Stock | Description | Transaction | Status | Stock Investment | Income Generated |
|---|
| 9/22/2011 | PG | CSP Margin Used | CSP 100 PG @ 57.50 | | ($5,750.00) | |
| 9/22/2011 | PG | Initial Put Option | STO 1 Oct11 57.50 Put @ 0.71 | | | $71.36 |
Position Summary
| Cost Basis | ($5,750.00) |
| Income Generated | $71.36 |
| Percent Income Generated | 1.24% |
| Annualized Income Generated | 15.62% |
| Net Profit If Assigned | $71.36 |
| Percent Return If Assigned | 1.24% |
| Annualized Return If Assigned | 15.62% |
| Days Held to Expiration | 29 days |
