The following adjustment was made today on Becton Dickinson and Company (BDX). All prices include IB commissions.
| Criteria | Value |
|---|---|
| Dividend Champions Status | Champion |
| Years of Consecutive Dividend Increases | 38 |
| Fair Value Estimate | $89.00* |
| Target Buy Price | $71.20 |
| Target Margin of Safety | 20.00% |
| Actual Buy Price | $80.00 |
| Actual Margin of Safety | 10.11% |
*Fair Value was lowered from $98 to $89 since inception which lowered my Margin of Safety.
| Date | Stock | Description | Transaction | Status | Stock Investment | Income Generated |
|---|---|---|---|---|---|---|
| 4/3/2012 | BDX | Continued Trade | STO 1 May12 80.00 Call @ 0.79 | $78.97 |
Current Position Summary
| Cost Basis | ($8,000.00) |
| Income Generated | $566.94 |
| Percent Income Generated | 7.09% |
| Annualized Income Generated | 7.17% |
| Net Profit If Assigned | $566.94 |
| Percent Return If Assigned | 7.09% |
| Annualized Return If Assigned | 7.17% |
| Days Held to Expiration | 361 days |
Trade History
| Date | Stock | Description | Transaction | Status | Stock Investment | Income Generated |
|---|---|---|---|---|---|---|
| 5/23/2011 | BDX | CSP Margin Used | CSP 100 BDX @ 80.00 | ($8,000.00) | ||
| 5/23/2011 | BDX | Initial Put Option | STO 1 Sep11 80.00 Put @ 1.44 | Exercised | $143.98 | |
| 9/16/2011 | BDX | CSP Margin Returned | CSP 100 BDX @ -80.00 | $8,000.00 | ||
| 9/16/2011 | BDX | Stock Assigned | EX 1 Sep11 80.00 Put @ -80.00 | ($8,000.00) | ||
| 9/27/2011 | BDX | Continued Trade | STO 1 Nov11 80.00 Call @ 1.78 | Expired | $177.72 | |
| 12/30/2011 | BDX | Dividend Received | DIV 100 Dividend @ 0.45 | $45.00 | ||
| 1/24/2012 | BDX | Continued Trade | STO 1 Feb12 80.00 Call @ 0.76 | ex | $76.27 | |
| 3/30/2012 | BDX | Dividend Received | DIV 100 Dividend @ 0.45 | $45.00 | ||
| 4/3/2012 | BDX | Continued Trade | STO 1 May12 80.00 Call @ 0.79 | $78.97 | ||
| 5/18/2012 | BDX | Totals | ($8,000.00) | $566.94 | ||
| DTE | 361 | Percent Income/Annualized | 7.09% | 7.17% |
