A new CSP position was established today on Lowes Companies Inc (LOW). All prices include IB commissions.
| Criteria | Value |
|---|
| Dividend Champions Status | Champion |
| Years of Consecutive Dividend Increases | 50 |
| Fair Value Estimate | $34.00 |
| Target Buy Price | $23.80 |
| Target Margin of Safety | 30.00% |
| Actual Buy Price | $23.00 |
| Actual Margin of Safety | 32.35% |
| Date | Stock | Description | Transaction | Status | Stock Investment | Income Generated |
|---|
| 7/31/2012 | LOW | CSP Margin Used | CSP 200 LOW @ 23.00 | | ($4,600.00) | |
| 7/31/2012 | LOW | Initial Put Option | STO 2 Sep12 23.00 Put @ 0.43 | | | $86.79 |
Position Summary
| Cost Basis | ($4,600.00) |
| Income Generated | $86.79 |
| Percent Income Generated | 1.89% |
| Annualized Income Generated | 13.24% |
| Net Profit If Assigned | $86.79 |
| Percent Return If Assigned | 1.89% |
| Annualized Return If Assigned | 13.24% |
| Days Held to Expiration | 52 days |
