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 | $57.50 |
| Actual Margin of Safety | 31.55% |
| Date | Stock | Description | Transaction | Status | Stock Investment | Income Generated |
|---|
| 6/21/2012 | BHP | CSP Margin Used | CSP 100 BHP @ 57.50 | | ($5,750.00) | |
| 6/21/2012 | BHP | Initial Put Option | STO 1 Jul12 57.50 Put @ 0.73 | | | $73.12 |
Position Summary
| Cost Basis | ($5,750.00) |
| Income Generated | $73.12 |
| Percent Income Generated | 1.27% |
| Annualized Income Generated | 16.01% |
| Net Profit If Assigned | $73.12 |
| Percent Return If Assigned | 1.27% |
| Annualized Return If Assigned | 16.01% |
| Days Held to Expiration | 29 days |
