A new CSP position was established today on Johnson and Johnson (JNJ). All prices include IB commissions.
| Criteria | Value |
|---|
| Dividend Champions Status | Champion |
| Years of Consecutive Dividend Increases | 50 |
| Fair Value Estimate | $77.00 |
| Target Buy Price | $61.60 |
| Target Margin of Safety | 20.00% |
| Actual Buy Price | $60.00 |
| Actual Margin of Safety | 22.08% |
| Date | Stock | Description | Transaction | Status | Stock Investment | Income Generated |
|---|
| 6/1/2012 | JNJ | CSP Margin Used | CSP 100 JNJ @ 60.00 | | ($6,000.00) | |
| 6/1/2012 | JNJ | Initial Put Option | STO 1 Jun12 60.00 Put @ 0.27 | | | $26.97 |
Position Summary
| Cost Basis | ($6,000.00) |
| Income Generated | $26.97 |
| Percent Income Generated | 0.45% |
| Annualized Income Generated | 11.72% |
| Net Profit If Assigned | $26.97 |
| Percent Return If Assigned | 0.45% |
| Annualized Return If Assigned | 11.72% |
| Days Held to Expiration | 14 days |
