The following adjustment was made today on Avon Products Inc (AVP). All prices include IB commissions.
| Criteria | Value |
|---|---|
| Dividend Champions Status | Contender |
| Years of Consecutive Dividend Increases | 22 |
| Fair Value Estimate | $23.00* |
| Target Buy Price | $11.50 |
| Target Margin of Safety | 50.00% |
| Actual Buy Price | $26.00 |
| Actual Margin of Safety | -13.04% |
*Fair Value was lowered from $36 to $23 since inception which turned my 27.78% Margin of Safety into a 13.04% premium.
| Date | Stock | Description | Transaction | Status | Stock Investment | Income Generated |
|---|---|---|---|---|---|---|
| 9/14/2012 | AVP | Continued Trade | STO 2 Oct12 19.00 Call @ 0.14 | $28.48 |
Current Position Summary
| Cost Basis | ($5,200.00) |
| Income Generated | $464.08 |
| Percent Income Generated | 8.92% |
| Annualized Income Generated | 6.33% |
| Net Profit If Assigned | ($935.92) |
| Percent Return If Assigned | -18.00% |
| Annualized Return If Assigned | -12.76% |
| Days Held to Expiration | 515 days |
Trade History
| Date | Stock | Description | Transaction | Status | Stock Investment | Income Generated |
|---|---|---|---|---|---|---|
| 5/23/2011 | AVP | CSP Margin Used | CSP 200 AVP @ 26.00 | ($5,200.00) | ||
| 5/23/2011 | AVP | Initial Put Option | STO 2 Oct11 26.00 Put @ 0.82 | Exercised | $164.56 | |
| 10/21/2011 | AVP | CSP Margin Returned | CSP 200 AVP @ -26.00 | $5,200.00 | ||
| 10/21/2011 | AVP | Stock Assigned | EX 2 Oct11 26.00 Put @ -26.00 | ($5,200.00) | ||
| 12/1/2011 | AVP | Dividend Received | DIV 200 Dividend @ 0.23 | $46.00 | ||
| 3/1/2012 | AVP | Dividend Received | DIV 200 Dividend @ 0.23 | $46.00 | ||
| 4/4/2012 | AVP | Continued Trade | STO 2 May12 25.00 Call @ 0.34 | Expired | $68.55 | |
| 6/1/2012 | AVP | Dividend Received | DIV 200 Dividend @ 0.23 | $46.00 | ||
| 7/27/2012 | AVP | Continued Trade | STO 2 Aug12 19.00 Call @ 0.09 | Expired | $18.49 | |
| 9/4/2012 | AVP | Dividend Received | DIV 200 Dividend @ 0.23 | $46.00 | ||
| 9/14/2012 | AVP | Continued Trade | STO 2 Oct12 19.00 Call @ 0.14 | $28.48 | ||
| 10/19/2012 | AVP | Totals | ($5,200.00) | $464.08 | ||
| DTE | 515 | Percent Income/Annualized | 8.92% | 6.33% |
