A new CSP position was established today on Norfolk Southern Corporation (NSC). All prices include IB commissions.
| Criteria | Value |
|---|
| Dividend Champions Status | Contender |
| Years of Consecutive Dividend Increases | 11 |
| Fair Value Estimate | $90.00 |
| Target Buy Price | $54.00 |
| Target Margin of Safety | 40.00% |
| Actual Buy Price | $60.00 |
| Actual Margin of Safety | 33.33% |
| Date | Stock | Description | Transaction | Status | Stock Investment | Income Generated |
|---|
| 3/6/2012 | NSC | CSP Margin Used | CSP 100 NSC @ 60.00 | | ($6,000.00) | |
| 3/6/2012 | NSC | Initial Put Option | STO 1 Apr12 60.00 Put @ 0.59 | | | $58.97 |
Position Summary
| Cost Basis | ($6,000.00) |
| Income Generated | $58.97 |
| Percent Income Generated | 0.98% |
| Annualized Income Generated | 7.97% |
| Net Profit If Assigned | $58.97 |
| Percent Return If Assigned | 0.98% |
| Annualized Return If Assigned | 7.97% |
| Days Held to Expiration | 45 days |
