A new CSP position was established today on Exxon Mobil Corp (XOM). All prices include IB commissions.
| Criteria | Value |
|---|
| Dividend Champions Status | Champion |
| Years of Consecutive Dividend Increases | 29 |
| Fair Value Estimate | $99.00 |
| Target Buy Price | $79.20 |
| Target Margin of Safety | 20.00% |
| Actual Buy Price | $67.50 |
| Actual Margin of Safety | 31.82% |
| Date | Stock | Description | Transaction | Status | Stock Investment | Income Generated |
|---|
| 11/1/2011 | XOM | CSP Margin Used | CSP 100 XOM @ 67.50 | | ($6,750.00) | |
| 11/1/2011 | XOM | Initial Put Option | STO 1 Jan12 67.50 Put @ 1.71 | | | $171.17 |
Position Summary
| Cost Basis | ($6,750.00) |
| Income Generated | $171.17 |
| Percent Income Generated | 2.54% |
| Annualized Income Generated | 11.57% |
| Net Profit If Assigned | $171.17 |
| Percent Return If Assigned | 2.54% |
| Annualized Return If Assigned | 11.57% |
| Days Held to Expiration | 80 days |
