A new CSP position was established today on Novartis (NVS). All prices include IB commissions.
Criteria | Value |
Dividend Champions Status | Contender |
Years of Consecutive Dividend Increases | 11 |
Fair Value Estimate | $69.00 |
Target Buy Price | $55.20 |
Target Margin of Safety | 20.00% |
Actual Buy Price | $65.00 |
Actual Margin of Safety | 5.80% |
Date | Stock | Description | Transaction | Status | Stock Investment | Income Generated |
1/29/2013 | NVS | CSP Margin Used | CSP 100 NVS @ 65.00 |   | ($6,500.00) |   |
1/29/2013 | NVS | Initial Put Option | STO 1 Mar13 65.00 Put @ 0.94 |   |   | $93.93 |
Position Summary
Cost Basis | ($6,500.00) |
Income Generated | $93.93 |
Percent Income Generated | 1.45% |
Annualized Income Generated | 11.72% |
Net Profit If Closed | $93.93 |
Percent Return If Closed | 1.45% |
Annualized Return If Closed | 11.72% |
Days Held to Expiration | 45 days |