A new CSP position was established today on Qualcomm (QCOM). All prices include IB commissions.
| Criteria | Value |
|---|
| Dividend Champions Status | Contender |
| Years of Consecutive Dividend Increases | 10 |
| Fair Value Estimate | $70.00 |
| Target Buy Price | $49.00 |
| Target Margin of Safety | 30.00% |
| Actual Buy Price | $50.00 |
| Actual Margin of Safety | 28.57% |
| Date | Stock | Description | Transaction | Status | Stock Investment | Income Generated |
|---|
| 6/21/2012 | QCOM | CSP Margin Used | CSP 100 QCOM @ 50.00 | | ($5,000.00) | |
| 6/21/2012 | QCOM | Initial Put Option | STO 1 Jul12 50.00 Put @ 0.60 | | | $59.97 |
Position Summary
| Cost Basis | ($5,000.00) |
| Income Generated | $59.97 |
| Percent Income Generated | 1.20% |
| Annualized Income Generated | 15.10% |
| Net Profit If Assigned | $59.97 |
| Percent Return If Assigned | 1.20% |
| Annualized Return If Assigned | 15.10% |
| Days Held to Expiration | 29 days |
