A new CSP position was established today on Texas Instruments (TXN). All prices include IB commissions.
| Criteria | Value |
|---|
| Dividend Champions Status | Challenger |
| Years of Consecutive Dividend Increases | 8 |
| Fair Value Estimate | $38.00 |
| Target Buy Price | $26.60 |
| Target Margin of Safety | 30.00% |
| Actual Buy Price | $26.00 |
| Actual Margin of Safety | 31.58% |
| Date | Stock | Description | Transaction | Status | Stock Investment | Income Generated |
|---|
| 6/21/2012 | TXN | CSP Margin Used | CSP 200 TXN @ 26.00 | | ($5,200.00) | |
| 6/21/2012 | TXN | Initial Put Option | STO 2 Jul12 26.00 Put @ 0.28 | | | $56.55 |
Position Summary
| Cost Basis | ($5,200.00) |
| Income Generated | $56.55 |
| Percent Income Generated | 1.09% |
| Annualized Income Generated | 13.69% |
| Net Profit If Assigned | $56.55 |
| Percent Return If Assigned | 1.09% |
| Annualized Return If Assigned | 13.69% |
| Days Held to Expiration | 29 days |
