The following adjustment was made today on Avon Products Inc (AVP). All prices include IB commissions.
| Criteria | Value |
|---|---|
| Dividend Champions Status | Contender |
| Years of Consecutive Dividend Increases | 22 |
| Fair Value Estimate | $25.00* |
| Target Buy Price | $12.50 |
| Target Margin of Safety | 50.00% |
| Actual Buy Price | $26.00 |
| Actual Margin of Safety | -4.00% |
*Fair Value was lower from $36 to $25 since inception which turned my 27.78% Margin of Safety into a 4% premium.
| Date | Stock | Description | Transaction | Status | Stock Investment | Income Generated |
|---|---|---|---|---|---|---|
| 4/4/2012 | AVP | Continued Trade | STO 2 May12 25.00 Call @ 0.34 | $68.55 |
Current Position Summary
| Cost Basis | ($5,200.00) |
| Income Generated | $325.11 |
| Percent Income Generated | 6.25% |
| Annualized Income Generated | 6.32% |
| Net Profit If Assigned | $125.11 |
| Percent Return If Assigned | 2.41% |
| Annualized Return If Assigned | 2.43% |
| Days Held to Expiration | 361 days |
Trade History
| Date | Stock | Description | Transaction | Status | Stock Investment | Income Generated |
|---|---|---|---|---|---|---|
| 5/23/2011 | AVP | CSP Margin Used | CSP 200 AVP @ 26.00 | ($5,200.00) | ||
| 5/23/2011 | AVP | Initial Put Option | STO 2 Oct11 26.00 Put @ 0.82 | Exercised | $164.56 | |
| 10/21/2011 | AVP | CSP Margin Returned | CSP 200 AVP @ -26.00 | $5,200.00 | ||
| 10/21/2011 | AVP | Stock Assigned | EX 2 Oct11 26.00 Put @ -26.00 | ($5,200.00) | ||
| 12/1/2011 | AVP | Dividend Received | DIV 200 Dividend @ 0.23 | $46.00 | ||
| 3/1/2012 | AVP | Dividend Received | DIV 200 Dividend @ 0.23 | $46.00 | ||
| 4/4/2012 | AVP | Continued Trade | STO 2 May12 25.00 Call @ 0.34 | $68.55 | ||
| 5/18/2012 | AVP | Totals | ($5,200.00) | $325.11 | ||
| DTE | 361 | Percent Income/Annualized | 6.25% | 6.32% |
