A new CSP position was established today on BHP Billiton Ltd. (BHP). All prices include IB commissions.
| Criteria | Value |
|---|
| Dividend Champions Status | Challenger |
| Years of Consecutive Dividend Increases | 9 |
| Fair Value Estimate | $100.00 |
| Target Buy Price | $70.00 |
| Target Margin of Safety | 30.00% |
| Actual Buy Price | $70.00 |
| Actual Margin of Safety | 30.00% |
| Date | Stock | Description | Transaction | Status | Stock Investment | Income Generated |
|---|
| 1/24/2012 | BHP | CSP Margin Used | CSP 100 BHP @ 70.00 | | ($7,000.00) | |
| 1/24/2012 | BHP | Initial Put Option | STO 1 Feb12 70.00 Put @ 0.46 | | | $45.97 |
Position Summary
| Cost Basis | ($7,000.00) |
| Income Generated | $45.97 |
| Percent Income Generated | 0.66% |
| Annualized Income Generated | 9.99% |
| Net Profit If Assigned | $45.97 |
| Percent Return If Assigned | 0.66% |
| Annualized Return If Assigned | 9.99% |
| Days Held to Expiration | 24 days |
