The following adjustment was made today on Medtronic Inc (MDT). All prices include IB commissions.
| Criteria | Value |
|---|---|
| Dividend Champions Status | Champion |
| Years of Consecutive Dividend Increases | 33 |
| Fair Value Estimate | $46.00* |
| Target Buy Price | $32.30 |
| Target Margin of Safety | 30.00% |
| Actual Buy Price | $38.00 |
| Actual Margin of Safety | 17.39% |
*The Fair Value was lowered from $48.00 to $46.00 during the holding period, which lowered my Margin of Safety.
| Date | Stock | Description | Transaction | Status | Stock Investment | Income Generated |
|---|---|---|---|---|---|---|
| 11/30/2011 | MDT | Continued Trade | STO 1 Jan12 38.00 Call @ 0.78 | $77.98 |
Current Position Summary
| Cost Basis | ($3,800.00) |
| Income Generated | $244.24 |
| Percent Income Generated | 6.43% |
| Annualized Income Generated | 9.73% |
| Net Profit If Assigned | $244.24 |
| Percent Return If Assigned | 6.43% |
| Annualized Return If Assigned | 9.73% |
| Days Held to Expiration | 241 days |
Trade History
| Date | Stock | Description | Transaction | Status | Stock Investment | Income Generated |
|---|---|---|---|---|---|---|
| 5/24/2011 | MDT | CSP Margin Used | CSP 100 MDT @ 38.00 | ($3,800.00) | ||
| 5/24/2011 | MDT | Initial Put Option | STO 1 Aug11 38.00 Put @ 1.01 | $101.03 | ||
| 8/19/2011 | MDT | CSP Margin Returned | CSP 100 MDT @ -38.00 | $3,800.00 | ||
| 8/19/2011 | MDT | Stock Assigned | EX 1 Aug11 38.00 Put @ -38.00 | ($3,800.00) | ||
| 9/20/2011 | MDT | Continued Trade | STO 1 Nov11 38.00 Call @ 0.41 | Expired | $40.98 | |
| 10/28/2011 | MDT | Dividend Received | DIV 100 Dividend @ 0.24 | $24.25 | ||
| 11/30/2011 | MDT | Continued Trade | STO 1 Jan12 38.00 Call @ 0.78 | $77.98 | ||
| 1/20/2012 | MDT | Totals | ($3,800.00) | $244.24 | ||
| DTE | 241 | Percent Income/Annualized | 6.43% | 9.73% |
