A new CSP position was established today on Johnson and Johnson (JNJ). All prices include IB commissions.
| Criteria | Value |
|---|
| Dividend Champions Status | Champion |
| Years of Consecutive Dividend Increases | 49 |
| Fair Value Estimate | $77.00 |
| Target Buy Price | $61.60 |
| Target Margin of Safety | 20.00% |
| Actual Buy Price | $62.50 |
| Actual Margin of Safety | 18.83% |
| Date | Stock | Description | Transaction | Status | Stock Investment | Income Generated |
|---|
| 3/22/2012 | JNJ | CSP Margin Used | CSP 100 JNJ @ 62.50 | | ($6,250.00) | |
| 3/22/2012 | JNJ | Initial Put Option | STO 1 May12 62.50 Put @ 0.53 | | | $52.97 |
Position Summary
| Cost Basis | ($6,250.00) |
| Income Generated | $52.97 |
| Percent Income Generated | 0.85% |
| Annualized Income Generated | 5.43% |
| Net Profit If Assigned | $52.97 |
| Percent Return If Assigned | 0.85% |
| Annualized Return If Assigned | 5.43% |
| Days Held to Expiration | 57 days |
