A new CSP position was established today on Procter and Gamble (PG). All prices include IB commissions.
| Criteria | Value |
|---|
| Dividend Champions Status | Champiom |
| Years of Consecutive Dividend Increases | 55 |
| Fair Value Estimate | $72.00 |
| Target Buy Price | $57.60 |
| Target Margin of Safety | 20.00% |
| Actual Buy Price | $60.00 |
| Actual Margin of Safety | 16.67% |
| Date | Stock | Description | Transaction | Status | Stock Investment | Income Generated |
|---|
| 11/23/2011 | PG | CSP Margin Used | CSP 100 PG @ 60.00 | | ($6,000.00) | |
| 11/23/2011 | PG | Initial Put Option | STO 1 Dec11 60.00 Put @ 0.84 | | | $83.98 |
Position Summary
| Cost Basis | ($6,000.00) |
| Income Generated | $83.98 |
| Percent Income Generated | 1.40% |
| Annualized Income Generated | 22.21% |
| Net Profit If Assigned | $83.98 |
| Percent Return If Assigned | 1.40% |
| Annualized Return If Assigned | 22.21% |
| Days Held to Expiration | 23 days |
