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 | $34.00 |
| Actual Margin of Safety | 40.35% |
| Date | Stock | Description | Transaction | Status | Stock Investment | Income Generated |
|---|
| 5/4/2012 | NUE | CSP Margin Used | CSP 100 NUE @ 34.00 | | ($3,400.00) | |
| 5/4/2012 | NUE | Initial Put Option | STO 1 Jul12 34.00 Put @ 0.72 | | | $72.12 |
Position Summary
| Cost Basis | ($3,400.00) |
| Income Generated | $72.12 |
| Percent Income Generated | 2.12% |
| Annualized Income Generated | 10.05% |
| Net Profit If Assigned | $72.12 |
| Percent Return If Assigned | 2.12% |
| Annualized Return If Assigned | 10.05% |
| Days Held to Expiration | 77 days |
