A new CSP position was established today on ConocoPhillips (COP). All prices include IB commissions.
| Criteria | Value |
|---|
| Dividend Champions Status | Contender |
| Years of Consecutive Dividend Increases | 11 |
| Fair Value Estimate | $85.00 |
| Target Buy Price | $68.00 |
| Target Margin of Safety | 20.00% |
| Actual Buy Price | $65.00 |
| Actual Margin of Safety | 23.53% |
| Date | Stock | Description | Transaction | Status | Stock Investment | Income Generated |
|---|
| 10/31/2011 | COP | CSP Margin Used | CSP 100 COP @ 65.00 | | ($6,500.00) | |
| 10/31/2011 | COP | Initial Put Option | STO 1 Jan12 65.00 Put @ 1.87 | | | $186.97 |
Position Summary
| Cost Basis | ($6,500.00) |
| Income Generated | $186.97 |
| Percent Income Generated | 2.88% |
| Annualized Income Generated | 12.96% |
| Net Profit If Assigned | $186.97 |
| Percent Return If Assigned | 2.88% |
| Annualized Return If Assigned | 12.96% |
| Days Held to Expiration | 81 days |
