A new CSP position was established today on Nucor Corporation (NUE). All prices include IB commissions.
| Criteria | Value |
|---|
| Dividend Champions Status | Champion |
| Years of Consecutive Dividend Increases | 39 |
| Fair Value Estimate | $57.00 |
| Target Buy Price | $34.20 |
| Target Margin of Safety | 40.00% |
| Actual Buy Price | $37.00 |
| Actual Margin of Safety | 35.09% |
| Date | Stock | Description | Transaction | Status | Stock Investment | Income Generated |
|---|
| 3/6/2012 | NUE | CSP Margin Used | CSP 100 NUE @ 37.00 | | ($3,700.00) | |
| 3/6/2012 | NUE | Initial Put Option | STO 1 Apr12 37.00 Put @ 0.52 | | | $51.97 |
Position Summary
| Cost Basis | ($3,700.00) |
| Income Generated | $51.97 |
| Percent Income Generated | 1.40% |
| Annualized Income Generated | 11.39% |
| Net Profit If Assigned | $51.97 |
| Percent Return If Assigned | 1.40% |
| Annualized Return If Assigned | 11.39% |
| Days Held to Expiration | 45 days |
