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 | $63.00 |
| Target Margin of Safety | 30.00% |
| Actual Buy Price | $62.50 |
| Actual Margin of Safety | 30.56% |
| Date | Stock | Description | Transaction | Status | Stock Investment | Income Generated |
|---|
| 5/14/2012 | NSC | CSP Margin Used | CSP 100 NSC @ 62.50 | | ($6,250.00) | |
| 5/14/2012 | NSC | Initial Put Option | STO 1 Jun12 62.50 Put @ 0.56 | | | $55.52 |
Position Summary
| Cost Basis | ($6,250.00) |
| Income Generated | $55.52 |
| Percent Income Generated | 0.89% |
| Annualized Income Generated | 10.13% |
| Net Profit If Assigned | $55.52 |
| Percent Return If Assigned | 0.89% |
| Annualized Return If Assigned | 10.13% |
| Days Held to Expiration | 32 days |
