A new CSP position was established today on Medtronic Inc (MDT). All prices include IB commissions.
Note: This is the second position on MDT.
| 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 | $30.00 |
| Actual Margin of Safety | 34.78% |
| Date | Stock | Description | Transaction | Status | Stock Investment | Income Generated |
|---|---|---|---|---|---|---|
| 11/1/2011 | MDT | CSP Margin Used | CSP 100 MDT @ 30.00 | ($3,000.00) | ||
| 11/1/2011 | MDT | Initial Put Option | STO 1 Dec11 30.00 Put @ 0.60 | $59.98 |
Position Summary
| Cost Basis | ($3,000.00) |
| Income Generated | $59.98 |
| Percent Income Generated | 2.00% |
| Annualized Income Generated | 16.22% |
| Net Profit If Assigned | $59.98 |
| Percent Return If Assigned | 2.00% |
| Annualized Return If Assigned | 16.22% |
| Days Held to Expiration | 45 days |
