Wednesday, July 31, 2013

NUE - New Position

A new CSP position was established today on Nucor Corporation (NUE). All prices include IB commissions.

Dividend Champions StatusChampion
Years of Consecutive Dividend Increases40
Fair Value Estimate$53.00
Target Buy Price$31.80
Target Margin of Safety40.00%
Actual Buy Price$45.00
Actual Margin of Safety15.09%

DateStockDescriptionTransactionStatusStock InvestmentIncome Generated
7/31/2013NUECSP Margin UsedCSP 100 NUE @ 45.00 ($4,500.00) 
7/31/2013NUEInitial Put OptionSTO 1 Aug13 45.00 Put @ 0.24  $24.25

Position Summary

Cost Basis($4,500.00)
Income Generated$24.25
Percent Income Generated0.54%
Annualized Income Generated12.29%
Net Profit If Closed$24.25
Percent Return If Closed0.54%
Annualized Return If Closed12.29%
Days Held to Expiration16 days