A new CSP position was established today on Norfolk Southern Corporation (NSC). All prices include IB commissions.
| Criteria | Value |
|---|
| Dividend Champions Status | Contender |
| Years of Consecutive Dividend Increases | 12 |
| Fair Value Estimate | $83.00 |
| Target Buy Price | $58.10 |
| Target Margin of Safety | 30.00% |
| Actual Buy Price | $70.00 |
| Actual Margin of Safety | 15.66% |
| Date | Stock | Description | Transaction | Status | Stock Investment | Income Generated |
|---|
| 8/30/2013 | NSC | CSP Margin Used | CSP 100 NSC @ 70.00 | | ($7,000.00) | |
| 8/30/2013 | NSC | Initial Put Option | STO 1 Sep13 70.00 Put @ 0.70 | | | $69.63 |
Position Summary
| Cost Basis | ($7,000.00) |
| Income Generated | $69.63 |
| Percent Income Generated | 0.99% |
| Annualized Income Generated | 17.29% |
| Net Profit If Closed | $69.63 |
| Percent Return If Closed | 0.99% |
| Annualized Return If Closed | 17.29% |
| Days Held to Expiration | 21 days |
