A new CSP position was established today on Johnson Controls (JCI). All prices include IB commissions.
| Criteria | Value |
|---|
| Dividend Champions Status | Frozen Angel |
| Years of Consecutive Dividend Increases | 36 of 37 |
| Fair Value Estimate | $45.00 |
| Target Buy Price | $31.50 |
| Target Margin of Safety | 30.00% |
| Actual Buy Price | $39.00 |
| Actual Margin of Safety | 13.33% |
| Date | Stock | Description | Transaction | Status | Stock Investment | Income Generated |
|---|
| 8/30/2013 | JCI | CSP Margin Used | CSP 100 JCI @ 39.00 | | ($3,900.00) | |
| 8/30/2013 | JCI | Initial Put Option | STO 1 Sep13 39.00 Put @ 0.39 | | | $38.93 |
Position Summary
| Cost Basis | ($3,900.00) |
| Income Generated | $38.93 |
| Percent Income Generated | 1.00% |
| Annualized Income Generated | 17.35% |
| Net Profit If Closed | $38.93 |
| Percent Return If Closed | 1.00% |
| Annualized Return If Closed | 17.35% |
| Days Held to Expiration | 21 days |
