A new CSP position was established today on Parker Hannifin Corp (PH). All prices include IB commissions.
| Criteria | Value |
|---|
| Dividend Champions Status | Champion |
| Years of Consecutive Dividend Increases | 54 |
| Fair Value Estimate | $97.00 |
| Target Buy Price | $67.90 |
| Target Margin of Safety | 30.00% |
| Actual Buy Price | $70.00 |
| Actual Margin of Safety | 27.84% |
| Date | Stock | Description | Transaction | Status | Stock Investment | Income Generated |
|---|
| 11/23/2011 | PH | CSP Margin Used | CSP 100 PH @ 70.00 | | ($7,000.00) | |
| 11/23/2011 | PH | Initial Put Option | STO 1 Dec11 70.00 Put @ 1.35 | | | $134.55 |
Position Summary
| Cost Basis | ($7,000.00) |
| Income Generated | $134.55 |
| Percent Income Generated | 1.92% |
| Annualized Income Generated | 30.50% |
| Net Profit If Assigned | $134.55 |
| Percent Return If Assigned | 1.92% |
| Annualized Return If Assigned | 30.50% |
| Days Held to Expiration | 23 days |
