Wednesday, February 22, 2012

BDX - New Position

A new CSP position was established today on Becton Dickinson and Company (BDX). All prices include IB commissions.

This is the second position on BDX.

CriteriaValue
Dividend Champions StatusChampion
Years of Consecutive Dividend Increases38
Fair Value Estimate$89.00
Target Buy Price$71.20
Target Margin of Safety20.00%
Actual Buy Price$75.00
Actual Margin of Safety15.73%

DateStockDescriptionTransactionStatusStock InvestmentIncome Generated
2/22/2012BDXCSP Margin UsedCSP 100 BDX @ 75.00 ($7,500.00) 
2/22/2012BDXInitial Put OptionSTO 1 Mar12 75.00 Put @ 0.60  $59.97

Position Summary

Cost Basis($7,500.00)
Income Generated$59.97
Percent Income Generated0.80%
Annualized Income Generated12.69%
Net Profit If Assigned$59.97
Percent Return If Assigned0.80%
Annualized Return If Assigned12.69%
Days Held to Expiration23 days