A new CSP position was established today on Parker Hannifin Corp (PH). All prices include IB commissions.
| Criteria | Value |
|---|
| Dividend Champions Status | Champion |
| Years of Consecutive Dividend Increases | 56 |
| Fair Value Estimate | $105.00 |
| Target Buy Price | $73.50 |
| Target Margin of Safety | 30.00% |
| Actual Buy Price | $70.00 |
| Actual Margin of Safety | 33.33% |
| Date | Stock | Description | Transaction | Status | Stock Investment | Income Generated |
|---|
| 10/24/2012 | PH | CSP Margin Used | CSP 100 PH @ 70.00 | | ($7,000.00) | |
| 10/24/2012 | PH | Initial Put Option | STO 1 Dec12 70.00 Put @ 1.46 | | | $145.94 |
Position Summary
| Cost Basis | ($7,000.00) |
| Income Generated | $145.94 |
| Percent Income Generated | 2.08% |
| Annualized Income Generated | 13.12% |
| Net Profit If Assigned | $145.94 |
| Percent Return If Assigned | 2.08% |
| Annualized Return If Assigned | 13.12% |
| Days Held to Expiration | 58 days |
