Wednesday, September 26, 2012

NSC - New Position

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

Dividend Champions StatusContender
Years of Consecutive Dividend Increases11
Fair Value Estimate$90.00
Target Buy Price$63.00
Target Margin of Safety30.00%
Actual Buy Price$62.50
Actual Margin of Safety30.56%

DateStockDescriptionTransactionStatusStock InvestmentIncome Generated
9/26/2012NSCCSP Margin UsedCSP 100 NSC @ 62.50 ($6,250.00) 
9/26/2012NSCInitial Put OptionSTO 1 Oct12 62.50 Put @ 0.62  $61.94

Position Summary

Cost Basis($6,250.00)
Income Generated$61.94
Percent Income Generated0.99%
Annualized Income Generated15.73%
Net Profit If Assigned$61.94
Percent Return If Assigned0.99%
Annualized Return If Assigned15.73%
Days Held to Expiration23 days