A new CSP position was established today on Occidental Petroleum (OXY). All prices include IB commissions.
| Criteria | Value |
|---|
| Dividend Champions Status | Contender |
| Years of Consecutive Dividend Increases | 10 |
| Fair Value Estimate | $108.00 |
| Target Buy Price | $75.60 |
| Target Margin of Safety | 30.00% |
| Actual Buy Price | $75.00 |
| Actual Margin of Safety | 30.56% |
| Date | Stock | Description | Transaction | Status | Stock Investment | Income Generated |
|---|
| 6/21/2012 | OXY | CSP Margin Used | CSP 100 OXY @ 75.00 | | ($7,500.00) | |
| 6/21/2012 | OXY | Initial Put Option | STO 1 Jul12 75.00 Put @ 1.41 | | | $141.12 |
Position Summary
| Cost Basis | ($7,500.00) |
| Income Generated | $141.12 |
| Percent Income Generated | 1.88% |
| Annualized Income Generated | 23.68% |
| Net Profit If Assigned | $141.12 |
| Percent Return If Assigned | 1.88% |
| Annualized Return If Assigned | 23.68% |
| Days Held to Expiration | 29 days |
