A new CSP position was established today on Avon Products Inc (AVP). All prices include IB commissions.
Note: This is the second position on AVP.
| Criteria | Value |
|---|---|
| Dividend Champions Status | Contender |
| Years of Consecutive Dividend Increases | 22 |
| Fair Value Estimate | $36.00 |
| Target Buy Price | $25.20 |
| Target Margin of Safety | 30.00% |
| Actual Buy Price | $16.00 |
| Actual Margin of Safety | 44.45% |
| Date | Stock | Description | Transaction | Status | Stock Investment | Income Generated |
|---|---|---|---|---|---|---|
| 11/1/2011 | AVP | CSP Margin Used | CSP 200 AVP @ 16.00 | ($3,200.00) | ||
| 11/1/2011 | AVP | Initial Put Option | STO 2 Dec11 16.00 Put @ 0.57 | $113.15 |
Position Summary
| Cost Basis | ($3,200.00) |
| Income Generated | $113.15 |
| Percent Income Generated | 3.54% |
| Annualized Income Generated | 28.68% |
| Net Profit If Assigned | $113.15 |
| Percent Return If Assigned | 3.54% |
| Annualized Return If Assigned | 28.68% |
| Days Held to Expiration | 45 days |
