Wednesday, October 24, 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$85.00
Target Buy Price$59.20
Target Margin of Safety30.00%
Actual Buy Price$60.00
Actual Margin of Safety29.41%

DateStockDescriptionTransactionStatusStock InvestmentIncome Generated
10/24/2012NSCCSP Margin UsedCSP 100 NSC @ 60.00 ($6,000.00) 
10/24/2012NSCInitial Put OptionSTO 1 Nov12 60.00 Put @ 1.05  $104.94

Position Summary

Cost Basis($6,000.00)
Income Generated$104.94
Percent Income Generated1.75%
Annualized Income Generated27.76%
Net Profit If Assigned$104.94
Percent Return If Assigned1.75%
Annualized Return If Assigned27.76%
Days Held to Expiration23 days