A new CSP position was established today on Stryker Corp (SYK). All prices include IB commissions.
| Criteria | Value |
|---|
| Dividend Champions Status | Contender |
| Years of Consecutive Dividend Increases | 18 |
| Fair Value Estimate | $63.00 |
| Target Buy Price | $44.10 |
| Target Margin of Safety | 30.00% |
| Actual Buy Price | $44.00 |
| Actual Margin of Safety | 30.16% |
| Date | Stock | Description | Transaction | Status | Stock Investment | Income Generated |
|---|
| 10/31/2011 | SYK | CSP Margin Used | CSP 100 SYK @ 44.00 | | ($4,400.00) | |
| 10/31/2011 | SYK | Initial Put Option | STO 1 Jan12 44.00 Put @ 1.25 | | | $124.56 |
Position Summary
| Cost Basis | ($4,400.00) |
| Income Generated | $124.56 |
| Percent Income Generated | 2.83% |
| Annualized Income Generated | 12.76% |
| Net Profit If Assigned | $124.56 |
| Percent Return If Assigned | 2.83% |
| Annualized Return If Assigned | 12.76% |
| Days Held to Expiration | 81 days |
