A new CSP position was established today on Occidental Petroleum (OXY). All prices include IB commissions.
Criteria | Value |
Dividend Champions Status | Contender |
Years of Consecutive Dividend Increases | 11 |
Fair Value Estimate | $102.00 |
Target Buy Price | $71.40 |
Target Margin of Safety | 30.00% |
Actual Buy Price | $85.00 |
Actual Margin of Safety | 16.67% |
Date | Stock | Description | Transaction | Status | Stock Investment | Income Generated |
8/30/2013 | OXY | CSP Margin Used | CSP 100 OXY @ 85.00 |   | ($8,500.00) |   |
8/30/2013 | OXY | Initial Put Option | STO 1 Sep13 85.00 Put @ 0.87 |   |   | $86.93 |
Position Summary
Cost Basis | ($8,500.00) |
Income Generated | $86.93 |
Percent Income Generated | 1.02% |
Annualized Income Generated | 17.78% |
Net Profit If Closed | $86.93 |
Percent Return If Closed | 1.02% |
Annualized Return If Closed | 17.78% |
Days Held to Expiration | 21 days |