A new CSP position was established today on Dover Corp (DOV). All prices include IB commissions.
Note: This is the second position on DOV.
| Criteria | Value |
|---|---|
| Dividend Champions Status | Champion |
| Years of Consecutive Dividend Increases | 55 |
| Fair Value Estimate | $73.00 |
| Target Buy Price | $51.10 |
| Target Margin of Safety | 30.00% |
| Actual Buy Price | $45.00 |
| Actual Margin of Safety | 38.36% |
| Date | Stock | Description | Transaction | Status | Stock Investment | Income Generated |
|---|---|---|---|---|---|---|
| 11/1/2011 | DOV | CSP Margin Used | CSP 100 DOV @ 45.00 | ($4,500.00) | ||
| 11/1/2011 | DOV | Initial Put Option | STO 1 Dec11 45.00 Put @ 0.91 | $90.98 |
Position Summary
| Cost Basis | ($4,500.00) |
| Income Generated | $90.98 |
| Percent Income Generated | 2.02% |
| Annualized Income Generated | 16.40% |
| Net Profit If Assigned | $90.98 |
| Percent Return If Assigned | 2.02% |
| Annualized Return If Assigned | 16.40% |
| Days Held to Expiration | 45 days |
