The following adjustment was made today on Nucor Corporation (NUE). All prices include IB commissions.
This is the second position on NUE.
| Criteria | Value |
|---|---|
| Dividend Champions Status | Champion |
| Years of Consecutive Dividend Increases | 38 |
| Fair Value Estimate | $58.00 |
| Target Buy Price | $35.00 |
| Target Margin of Safety | 39.66% |
| Actual Buy Price | $35.00 |
| Actual Margin of Safety | 39.66% |
| Date | Stock | Description | Transaction | Status | Stock Investment | Income Generated |
|---|---|---|---|---|---|---|
| 10/31/2011 | NUE | Continued Trade | STO 1 Jan12 35.00 Put @ 1.47 | $146.52 |
Current Position Summary
| Cost Basis | ($3,500.00) |
| Income Generated | $255.50 |
| Percent Income Generated | 7.30% |
| Annualized Income Generated | 11.01% |
| Net Profit If Assigned | $255.50 |
| Percent Return If Assigned | 7.30% |
| Annualized Return If Assigned | 11.01% |
| Days Held to Expiration | 242 days |
Trade History
| Date | Stock | Description | Transaction | Status | Stock Investment | Income Generated |
|---|---|---|---|---|---|---|
| 5/23/2011 | NUE | CSP Margin Used | CSP 100 NUE @ 35.00 | ($3,500.00) | ||
| 5/23/2011 | NUE | Initial Put Option | STO 1 Oct11 35.00 Put @ 1.09 | Expired | $108.98 | |
| 10/31/2011 | NUE | Continued Trade | STO 1 Jan12 35.00 Put @ 1.47 | $146.52 | ||
| 1/20/2012 | NUE | Totals | ($3,500.00) | $255.50 | ||
| DTE | 242 | Percent Income/Annualized | 7.30% | 11.01% |
