Tuesday, September 25, 2012

CSX - New Position

A new CSP position was established today on CSX Corporation (CSX). All prices include IB commissions.

Dividend Champions StatusChallenger
Years of Consecutive Dividend Increases8
Fair Value Estimate$31.00
Target Buy Price$21.70
Target Margin of Safety30.00%
Actual Buy Price$20.00
Actual Margin of Safety35.48%

DateStockDescriptionTransactionStatusStock InvestmentIncome Generated
9/25/2012CSXCSP Margin UsedCSP 200 CSX @ 20.00 ($4,000.00) 
9/25/2012CSXInitial Put OptionSTO 2 Oct12 20.00 Put @ 0.21  $42.48

Position Summary

Cost Basis($4,000.00)
Income Generated$42.48
Percent Income Generated1.06%
Annualized Income Generated16.15%
Net Profit If Assigned$42.48
Percent Return If Assigned1.06%
Annualized Return If Assigned16.15%
Days Held to Expiration24 days