A new CSP position was established today on Occidental Petroleum (OXY). All prices include IB commissions.
| Criteria | Value |
|---|
| Dividend Champions Status | Contender |
| Years of Consecutive Dividend Increases | 10 |
| Fair Value Estimate | $108.00 |
| Target Buy Price | $75.60 |
| Target Margin of Safety | 30.00% |
| Actual Buy Price | $75.00 |
| Actual Margin of Safety | 30.56% |
| Date | Stock | Description | Transaction | Status | Stock Investment | Income Generated |
|---|
| 10/26/2012 | OXY | CSP Margin Used | CSP 100 OXY @ 75.00 | | ($7,500.00) | |
| 10/26/2012 | OXY | Initial Put Option | STO 1 Dec12 75.00 Put @ 1.62 | | | $161.94 |
Position Summary
| Cost Basis | ($7,500.00) |
| Income Generated | $161.94 |
| Percent Income Generated | 2.16% |
| Annualized Income Generated | 14.07% |
| Net Profit If Assigned | $161.94 |
| Percent Return If Assigned | 2.16% |
| Annualized Return If Assigned | 14.07% |
| Days Held to Expiration | 56 days |
