A new CSP position was established today on Becton Dickinson and Company (BDX). All prices include IB commissions.
Note: This is the second position on BDX.
| Criteria | Value |
|---|---|
| Dividend Champions Status | Champion |
| Years of Consecutive Dividend Increases | 38 |
| Fair Value Estimate | $89.00 |
| Target Buy Price | $71.20 |
| Target Margin of Safety | 20.00% |
| Actual Buy Price | $65.00 |
| Actual Margin of Safety | 26.97% |
| Date | Stock | Description | Transaction | Status | Stock Investment | Income Generated |
|---|---|---|---|---|---|---|
| 11/23/2011 | BDX | CSP Margin Used | CSP 100 BDX @ 65.00 | ($6,500.00) | ||
| 11/23/2011 | BDX | Initial Put Option | STO 1 Jan12 65.00 Put @ 1.09 | $108.98 |
Position Summary
| Cost Basis | ($6,500.00) |
| Income Generated | $108.98 |
| Percent Income Generated | 1.68% |
| Annualized Income Generated | 10.55% |
| Net Profit If Assigned | $108.98 |
| Percent Return If Assigned | 1.68% |
| Annualized Return If Assigned | 10.55% |
| Days Held to Expiration | 58 days |
