Tuesday, March 6, 2012

NSC - New Position

A new CSP position was established today on Norfolk Southern Corporation (NSC). All prices include IB commissions.

Dividend Champions StatusContender
Years of Consecutive Dividend Increases11
Fair Value Estimate$90.00
Target Buy Price$54.00
Target Margin of Safety40.00%
Actual Buy Price$60.00
Actual Margin of Safety33.33%

DateStockDescriptionTransactionStatusStock InvestmentIncome Generated
3/6/2012NSCCSP Margin UsedCSP 100 NSC @ 60.00 ($6,000.00) 
3/6/2012NSCInitial Put OptionSTO 1 Apr12 60.00 Put @ 0.59  $58.97

Position Summary

Cost Basis($6,000.00)
Income Generated$58.97
Percent Income Generated0.98%
Annualized Income Generated7.97%
Net Profit If Assigned$58.97
Percent Return If Assigned0.98%
Annualized Return If Assigned7.97%
Days Held to Expiration45 days