Wednesday, November 23, 2011

PG - New Position

A new CSP position was established today on Procter and Gamble (PG). All prices include IB commissions.

Dividend Champions StatusChampiom
Years of Consecutive Dividend Increases55
Fair Value Estimate$72.00
Target Buy Price$57.60
Target Margin of Safety20.00%
Actual Buy Price$60.00
Actual Margin of Safety16.67%

DateStockDescriptionTransactionStatusStock InvestmentIncome Generated
11/23/2011PGCSP Margin UsedCSP 100 PG @ 60.00 ($6,000.00) 
11/23/2011PGInitial Put OptionSTO 1 Dec11 60.00 Put @ 0.84  $83.98

Position Summary

Cost Basis($6,000.00)
Income Generated$83.98
Percent Income Generated1.40%
Annualized Income Generated22.21%
Net Profit If Assigned$83.98
Percent Return If Assigned1.40%
Annualized Return If Assigned22.21%
Days Held to Expiration23 days