Friday, September 24, 2010

SYK - Adjustment




The following adjustment was made today on Stryker Corp (SYK). All prices include IB commissions.






DateStockDescriptionTransactionStatusStock InvestmentIncome Generated
9/24/2010SYKContinued TradeSTO 1 Nov10 50.00 Call @ 1.45  $145.24


Current Position Summary





Cost Basis($5,000.00)
Income Generated$399.78
Percent Income Generated8.00%
Annualized Income Generated16.04%
Net Profit If Assigned$399.78
Percent Return If Assigned8.00%
Annualized Return If Assigned16.04%
Days Held to Expiration182 days


Trade History












DateStockDescriptionTransactionStatusStock InvestmentIncome Generated
5/21/2010SYKCSP Margin UsedCSP 100 SYK @ 50.00 ($5,000.00) 
5/21/2010SYKInitial Put OptionSTO 1 Sep10 50.00 Put @ 2.55Exercised $254.54
9/17/2010SYKCSP Margin ReturnedCSP 100 SYK @ -50.00 $5,000.00 
9/17/2010SYKStock AssignedEX 1 Sep10 50.00 Put @ -50.00 ($5,000.00) 
9/24/2010SYKContinued TradeSTO 1 Nov10 50.00 Call @ 1.45  $145.24
11/19/2010SYK Totals ($5,000.00)$399.78
DTE182 Percent Income/Annualized 8.00%16.04%

ITW - Adjustment




The following adjustment was made today on Illinois Tool Works Inc (ITW). All prices include IB commissions.






DateStockDescriptionTransactionStatusStock InvestmentIncome Generated
9/24/2010ITWContinued TradeSTO 1 Nov10 50.00 Call @ 0.60  $60.24


Current Position Summary





Cost Basis($5,000.00)
Income Generated$327.51
Percent Income Generated6.55%
Annualized Income Generated11.28%
Net Profit If Assigned$327.51
Percent Return If Assigned6.55%
Annualized Return If Assigned11.28%
Days Held to Expiration212 days


Trade History














DateStockDescriptionTransactionStatusStock InvestmentIncome Generated
4/21/2010ITWCSP Margin UsedCSP 100 ITW @ 50.00 ($5,000.00) 
4/21/2010ITWInitial Put OptionSTO 1 May10 50.00 Put @ 0.84Closed $83.99
5/21/2010ITWBuy Back and Roll Out/DownBTC 1 May10 50.00 Put @ -4.83  ($482.86)
5/21/2010ITWContinued TradeSTO 1 Sep10 50.00 Put @ 6.66Exercised $666.14
9/17/2010ITWCSP Margin ReturnedCSP 100 ITW @ -50.00 $5,000.00 
9/17/2010ITWStock AssignedEX 1 Sep10 50.00 Put @ -50.00 ($5,000.00) 
9/24/2010ITWContinued TradeSTO 1 Nov10 50.00 Call @ 0.60  $60.24
11/19/2010ITW Totals ($5,000.00)$327.51
DTE212 Percent Income/Annualized 6.55%11.28%

Wednesday, September 22, 2010

VFC - New Position




A new CSP position was established today on V F Corp (VFC). All prices include IB commissions.

This is the second position on VFC. The first position is a CC.







DateStockDescriptionTransactionStatusStock InvestmentIncome Generated
9/22/2010VFCCSP Margin UsedCSP 100 VFC @ 65.00 ($6,500.00) 
9/22/2010VFCInitial Put OptionSTO 1 Feb11 65.00 Put @ 1.54  $153.99


Position Summary





Cost Basis($6,500.00)
Income Generated$153.99
Percent Income Generated2.37%
Annualized Income Generated5.80%
Net Profit If Assigned$153.99
Percent Return If Assigned2.37%
Annualized Return If Assigned5.80%
Days Held to Expiration149 days

SYK - New Position




A new CSP position was established today on Stryker Corp (SYK). All prices include IB commissions.

This is the second position on SYK. The first position is a CC.







DateStockDescriptionTransactionStatusStock InvestmentIncome Generated
9/22/2010SYKCSP Margin UsedCSP 100 SYK @ 43.00 ($4,300.00) 
9/22/2010SYKInitial Put OptionSTO 1 Dec10 43.00 Put @ 0.88  $88.24


Position Summary





Cost Basis($4,300.00)
Income Generated$88.24
Percent Income Generated2.05%
Annualized Income Generated8.71%
Net Profit If Assigned$88.24
Percent Return If Assigned2.05%
Annualized Return If Assigned8.71%
Days Held to Expiration86 days

MMM - New Position




A new CSP position was established today on 3M Company (MMM). All prices include IB commissions.


  • Dividend Champions Status = Champion
  • Years of Consectutive Dividend Increases = 52
  • Years of Positive Free Cash Flow (last 10 years) = 10
  • Discount to Morningstar's Fair Value Estimate = 20.00%








DateStockDescriptionTransactionStatusStock InvestmentIncome Generated
9/22/2010MMMCSP Margin UsedCSP 100 MMM @ 80.00 ($8,000.00) 
9/22/2010MMMInitial Put OptionSTO 1 Nov10 80.00 Put @ 1.32  $131.99


Position Summary





Cost Basis($8,000.00)
Income Generated$131.99
Percent Income Generated1.65%
Annualized Income Generated10.38%
Net Profit If Assigned$131.99
Percent Return If Assigned1.65%
Annualized Return If Assigned10.38%
Days Held to Expiration58 days

CL - New Position




A new CSP position was established today on Colgate-Palmolive Company (CL). All prices include IB commissions.


  • Dividend Champions Status = Champion
  • Years of Consectutive Dividend Increases = 47
  • Years of Positive Free Cash Flow (last 10 years) = 10
  • Discount to Morningstar's Fair Value Estimate = 18.48%








DateStockDescriptionTransactionStatusStock InvestmentIncome Generated
9/22/2010CLCSP Margin UsedCSP 100 CL @ 75.00 ($7,500.00) 
9/22/2010CLInitial Put OptionSTO 1 Nov10 75.00 Put @ 1.11  $110.99


Position Summary





Cost Basis($7,500.00)
Income Generated$110.99
Percent Income Generated1.48%
Annualized Income Generated9.31%
Net Profit If Assigned$110.99
Percent Return If Assigned1.48%
Annualized Return If Assigned9.31%
Days Held to Expiration58 days

BEC - New Position




A new CSP position was established today on Beckman Coulter Inc. (BEC). All prices include IB commissions.


  • Dividend Champions Status = Contender
  • Years of Consectutive Dividend Increases = 16
  • Years of Positive Free Cash Flow (last 10 years) = 10
  • Discount to Morningstar's Fair Value Estimate = 31.82%








DateStockDescriptionTransactionStatusStock InvestmentIncome Generated
9/22/2010BECCSP Margin UsedCSP 100 BEC @ 45.00 ($4,500.00) 
9/22/2010BECInitial Put OptionSTO 1 Nov10 45.00 Put @ 1.51  $151.24


Position Summary





Cost Basis($4,500.00)
Income Generated$151.24
Percent Income Generated3.36%
Annualized Income Generated21.15%
Net Profit If Assigned$151.24
Percent Return If Assigned3.36%
Annualized Return If Assigned21.15%
Days Held to Expiration58 days

BDX - New Position




A new CSP position was established today on Becton Dickinson and Company (BDX). All prices include IB commissions.


  • Dividend Champions Status = Champion
  • Years of Consectutive Dividend Increases = 37
  • Years of Positive Free Cash Flow (last 10 years) = 10
  • Discount to Morningstar's Fair Value Estimate = 28.57%








DateStockDescriptionTransactionStatusStock InvestmentIncome Generated
9/22/2010BDXCSP Margin UsedCSP 100 BDX @ 70.00 ($7,000.00) 
9/22/2010BDXInitial Put OptionSTO 1 Dec10 70.00 Put @ 1.60  $160.24


Position Summary





Cost Basis($7,000.00)
Income Generated$160.24
Percent Income Generated2.29%
Annualized Income Generated9.72%
Net Profit If Assigned$160.24
Percent Return If Assigned2.29%
Annualized Return If Assigned9.72%
Days Held to Expiration86 days

ABT - New Position




A new CSP position was established today on Abbott Laboratories (ABT). All prices include IB commissions.

This is the second position on ABT. The first position is a CC.







DateStockDescriptionTransactionStatusStock InvestmentIncome Generated
9/22/2010ABTCSP Margin UsedCSP 100 ABT @ 47.00 ($4,700.00) 
9/22/2010ABTInitial Put OptionSTO 1 Jan11 47.00 Put @ 1.03  $103.04


Position Summary





Cost Basis($4,700.00)
Income Generated$103.04
Percent Income Generated2.19%
Annualized Income Generated6.61%
Net Profit If Assigned$103.04
Percent Return If Assigned2.19%
Annualized Return If Assigned6.61%
Days Held to Expiration121 days

PG - Adjustment




The following adjustment was made today on Procter and Gamble (PG). All prices include IB commissions.






DateStockDescriptionTransactionStatusStock InvestmentIncome Generated
9/22/2010PGContinued TradeSTO 1 Nov10 60.00 Put @ 1.03  $102.99


Current Position Summary





Cost Basis($6,000.00)
Income Generated$203.23
Percent Income Generated3.39%
Annualized Income Generated14.21%
Net Profit If Assigned$203.23
Percent Return If Assigned3.39%
Annualized Return If Assigned14.21%
Days Held to Expiration87 days


Trade History










DateStockDescriptionTransactionStatusStock InvestmentIncome Generated
8/24/2010PGCSP Margin UsedCSP 100 PG @ 60.00 ($6,000.00) 
8/24/2010PGInitial Put OptionSTO 1 Sep10 60.00 Put @ 1.00Expired $100.24
9/22/2010PGContinued TradeSTO 1 Nov10 60.00 Put @ 1.03  $102.99
11/19/2010PG Totals ($6,000.00)$203.23
DTE87 Percent Income/Annualized 3.39%14.21%