Wednesday, January 25, 2012

ABT - New Position

A new CSP position was established today on Abbott Laboratories (ABT). All prices include IB commissions.

This is the second position on ABT.

CriteriaValue
Dividend Champions StatusChampion
Years of Consecutive Dividend Increases39
Years of Positive Free Cash Flow (last 10 years)10
Fair Value Estimate$68.00
Target Buy Price$54.40
Target Margin of Safety20.00%
Actual Buy Price$52.50
Actual Margin of Safety22.79%

DateStockDescriptionTransactionStatusStock InvestmentIncome Generated
1/25/2012ABTCSP Margin UsedCSP 100 ABT @ 52.50 ($5,250.00) 
1/25/2012ABTInitial Put OptionSTO 1 May12 52.50 Put @ 1.00  $100.12

Position Summary

Cost Basis($5,250.00)
Income Generated$100.12
Percent Income Generated1.91%
Annualized Income Generated6.11%
Net Profit If Assigned$100.12
Percent Return If Assigned1.91%
Annualized Return If Assigned6.11%
Days Held to Expiration114 days