Friday, August 30, 2013

NSC - New Position

A new CSP position was established today on Norfolk Southern Corporation (NSC). All prices include IB commissions.

Dividend Champions StatusContender
Years of Consecutive Dividend Increases12
Fair Value Estimate$83.00
Target Buy Price$58.10
Target Margin of Safety30.00%
Actual Buy Price$70.00
Actual Margin of Safety15.66%

DateStockDescriptionTransactionStatusStock InvestmentIncome Generated
8/30/2013NSCCSP Margin UsedCSP 100 NSC @ 70.00 ($7,000.00) 
8/30/2013NSCInitial Put OptionSTO 1 Sep13 70.00 Put @ 0.70  $69.63

Position Summary

Cost Basis($7,000.00)
Income Generated$69.63
Percent Income Generated0.99%
Annualized Income Generated17.29%
Net Profit If Closed$69.63
Percent Return If Closed0.99%
Annualized Return If Closed17.29%
Days Held to Expiration21 days