Tuesday, August 6, 2013

EXPD - Adjustment

The following adjustment was made today on Expeditors International (EXPD). All prices include IB commissions.

CriteriaValue
Dividend Champions StatusContender
Years of Consecutive Dividend Increases18
Fair Value Estimate$47.00*
Target Buy Price$32.90
Target Margin of Safety30.00%
Actual Buy Price$42.50
Actual Margin of Safety9.57%

*Fair Value was lowered from $51 to $47 since inception which lowered my 16.67% Margin of Safety to 9.57%.

DateStockDescriptionTransactionStatusStock InvestmentIncome Generated
8/16/2013EXPD Totals ($4,250.00)$200.74

Current Position Summary

Cost Basis($4,250.00)
Income Generated$200.74
Percent Income Generated4.72%
Annualized Income Generated8.49%
Net Profit If Closed$200.74
Percent Return If Closed4.72%
Annualized Return If Closed8.49%
Days Held to Expiration203 days

Trade History

DateStockDescriptionTransactionStatusStock InvestmentIncome Generated
1/25/2013EXPDCSP Margin UsedCSP 100 EXPD @ 42.50 ($4,250.00) 
1/25/2013EXPDInitial Put OptionSTO 1 Mar13 42.50 Put @ 0.91Expired $91.11
3/15/2013EXPDCSP Margin ReturnedCSP 100 EXPD @ -42.50 $4,250.00 
3/15/2013EXPDStock AssignedEX 1 Mar13 42.50 Put @ -42.50 ($4,250.00) 
6/17/2013EXPDDividend ReceivedDIV 100 Dividend @ 0.30  $30.00
8/6/2013EXPDContinued TradeSTO 1 Aug13 42.50 Call @ 0.80  $79.63
8/16/2013EXPD Totals ($4,250.00)$200.74
DTE203 Percent Income/Annualized 4.72%8.49%