A new CSP position was established today on BHP Billiton Ltd. (BHP). All prices include IB commissions.
| Criteria | Value |
|---|
| Dividend Champions Status | Contender |
| Years of Consecutive Dividend Increases | 10 |
| Fair Value Estimate | $84.00 |
| Target Buy Price | $58.80 |
| Target Margin of Safety | 30.00% |
| Actual Buy Price | $55.00 |
| Actual Margin of Safety | 34.52% |
| Date | Stock | Description | Transaction | Status | Stock Investment | Income Generated |
|---|
| 6/1/2012 | BHP | CSP Margin Used | CSP 100 BHP @ 55.00 | | ($5,500.00) | |
| 6/1/2012 | BHP | Initial Put Option | STO 1 Jun12 55.00 Put @ 0.44 | | | $43.97 |
Position Summary
| Cost Basis | ($5,500.00) |
| Income Generated | $43.97 |
| Percent Income Generated | 0.80% |
| Annualized Income Generated | 20.84% |
| Net Profit If Assigned | $43.97 |
| Percent Return If Assigned | 0.80% |
| Annualized Return If Assigned | 20.84% |
| Days Held to Expiration | 14 days |
