Tuesday, September 27, 2011

DOV - Adjustment

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

CriteriaValue
Dividend Champions StatusChampion
Years of Consecutive Dividend Increases55
Fair Value Estimate$77.00
Target Buy Price$55.00
Target Margin of Safety28.57%
Actual Buy Price$55.00
Actual Margin of Safety28.57%

DateStockDescriptionTransactionStatusStock InvestmentIncome Generated
9/27/2011DOVContinued TradeSTO 1 Nov11 55.00 Call @ 1.27  $126.98

Current Position Summary

Cost Basis($5,500.00)
Income Generated$265.96
Percent Income Generated4.84%
Annualized Income Generated9.86%
Net Profit If Assigned$265.96
Percent Return If Assigned4.84%
Annualized Return If Assigned9.86%
Days Held to Expiration179 days

Trade History

DateStockDescriptionTransactionStatusStock InvestmentIncome Generated
5/23/2011DOVCSP Margin UsedCSP 100 DOV @ 55.00 ($5,500.00) 
5/23/2011DOVInitial Put OptionSTO 1 Sep11 55.00 Put @ 1.39Exercised $138.98
9/16/2011DOVCSP Margin ReturnedCSP 100 DOV @ -55.00 $5,500.00 
9/16/2011DOVStock AssignedEX 1 Sep11 55.00 Put @ -55.00 ($5,500.00) 
9/27/2011DOVContinued TradeSTO 1 Nov11 55.00 Call @ 1.27  $126.98
11/18/2011DOV Totals ($5,500.00)$265.96
DTE179 Percent Income/Annualized 4.84%9.86%

BDX - Adjustment

The following adjustment was made today on Becton Dickinson and Company (BDX). All prices include IB commissions.

CriteriaValue
Dividend Champions StatusChampion
Years of Consecutive Dividend Increases38
Fair Value Estimate$98.00
Target Buy Price$80.00
Target Margin of Safety18.37%
Actual Buy Price$80.00
Actual Margin of Safety18.37%

DateStockDescriptionTransactionStatusStock InvestmentIncome Generated
9/27/2011BDXContinued TradeSTO 1 Nov11 80.00 Call @ 1.78  $177.72

Current Position Summary

Cost Basis($8,000.00)
Income Generated$321.70
Percent Income Generated4.02%
Annualized Income Generated8.20%
Net Profit If Assigned$321.70
Percent Return If Assigned4.02%
Annualized Return If Assigned8.20%
Days Held to Expiration179 days

Trade History

DateStockDescriptionTransactionStatusStock InvestmentIncome Generated
5/23/2011BDXCSP Margin UsedCSP 100 BDX @ 80.00 ($8,000.00) 
5/23/2011BDXInitial Put OptionSTO 1 Sep11 80.00 Put @ 1.44Exercised $143.98
9/16/2011BDXCSP Margin ReturnedCSP 100 BDX @ -80.00 $8,000.00 
9/16/2011BDXStock AssignedEX 1 Sep11 80.00 Put @ -80.00 ($8,000.00) 
9/27/2011BDXContinued TradeSTO 1 Nov11 80.00 Call @ 1.78  $177.72
11/18/2011BDX Totals ($8,000.00)$321.70
DTE179 Percent Income/Annualized 4.02%8.20%

Thursday, September 22, 2011

SPY - New Position

A new CSP position was established today on SPDR S&P 500 ETF (SPY). All prices include IB commissions.

DateStockDescriptionTransactionStatusStock InvestmentIncome Generated
9/22/2011SPYCSP Margin UsedCSP 100 SPY @ 88.00 ($8,800.00) 
9/22/2011SPYInitial Put OptionSTO 1 Nov11 88.00 Put @ 1.13  $113.28

Position Summary

Cost Basis($8,800.00)
Income Generated$113.28
Percent Income Generated1.29%
Annualized Income Generated8.24%
Net Profit If Assigned$113.28
Percent Return If Assigned1.29%
Annualized Return If Assigned8.24%
Days Held to Expiration57 days

PG - New Position

A new CSP position was established today on Procter and Gamble (PG). All prices include IB commissions.

CriteriaValue
Dividend Champions StatusChampiom
Years of Consecutive Dividend Increases55
Fair Value Estimate$77.00
Target Buy Price$61.60
Target Margin of Safety20.00%
Actual Buy Price$57.50
Actual Margin of Safety41.56%

DateStockDescriptionTransactionStatusStock InvestmentIncome Generated
9/22/2011PGCSP Margin UsedCSP 100 PG @ 57.50 ($5,750.00) 
9/22/2011PGInitial Put OptionSTO 1 Oct11 57.50 Put @ 0.71  $71.36

Position Summary

Cost Basis($5,750.00)
Income Generated$71.36
Percent Income Generated1.24%
Annualized Income Generated15.62%
Net Profit If Assigned$71.36
Percent Return If Assigned1.24%
Annualized Return If Assigned15.62%
Days Held to Expiration29 days

COP - New Position

A new CSP position was established today on ConocoPhillips (COP). All prices include IB commissions.

CriteriaValue
Dividend Champions StatusContender
Years of Consecutive Dividend Increases11
Fair Value Estimate$85.00
Target Buy Price$68.00
Target Margin of Safety20.00%
Actual Buy Price$55.00
Actual Margin of Safety35.29%

DateStockDescriptionTransactionStatusStock InvestmentIncome Generated
9/22/2011COPCSP Margin UsedCSP 100 COP @ 55.00 ($5,500.00) 
9/22/2011COPInitial Put OptionSTO 1 Oct11 55.00 Put @ 0.80  $79.98

Position Summary

Cost Basis($5,500.00)
Income Generated$79.98
Percent Income Generated1.45%
Annualized Income Generated18.30%
Net Profit If Assigned$79.98
Percent Return If Assigned1.45%
Annualized Return If Assigned18.30%
Days Held to Expiration29 days

Wednesday, September 21, 2011

XOM - New Position

A new CSP position was established today on Exxon Mobil Corp (XOM). All prices include IB commissions.

CriteriaValue
Dividend Champions StatusChampion
Years of Consecutive Dividend Increases29
Fair Value Estimate$99.00
Target Buy Price$79.20
Target Margin of Safety20.00%
Actual Buy Price$67.50
Actual Margin of Safety31.82%

DateStockDescriptionTransactionStatusStock InvestmentIncome Generated
9/21/2011XOMCSP Margin UsedCSP 100 XOM @ 67.50 ($6,750.00) 
9/21/2011XOMInitial Put OptionSTO 1 Oct11 67.50 Put @ 1.08  $108.28

Position Summary

Cost Basis($6,750.00)
Income Generated$108.28
Percent Income Generated1.60%
Annualized Income Generated19.52%
Net Profit If Assigned$108.28
Percent Return If Assigned1.60%
Annualized Return If Assigned19.52%
Days Held to Expiration30 days

PH - New Position

A new CSP position was established today on Parker Hannifin Corp (PH). All prices include IB commissions.

CriteriaValue
Dividend Champions StatusChampion
Years of Consecutive Dividend Increases54
Fair Value Estimate$97.00
Target Buy Price$67.90
Target Margin of Safety30.00%
Actual Buy Price$55.00
Actual Margin of Safety43.30%

DateStockDescriptionTransactionStatusStock InvestmentIncome Generated
9/21/2011PHCSP Margin UsedCSP 100 PH @ 55.00 ($5,500.00) 
9/21/2011PHInitial Put OptionSTO 1 Nov11 55.00 Put @ 1.42  $141.97

Position Summary

Cost Basis($5,500.00)
Income Generated$141.97
Percent Income Generated2.58%
Annualized Income Generated16.24%
Net Profit If Assigned$141.97
Percent Return If Assigned2.58%
Annualized Return If Assigned16.24%
Days Held to Expiration58 days

NVS - New Position

A new CSP position was established today on Novartis (NVS). All prices include IB commissions.

CriteriaValue
Dividend Champions StatusContender
Years of Consecutive Dividend Increases10
Fair Value Estimate$71.00
Target Buy Price$56.80
Target Margin of Safety20.00%
Actual Buy Price$52.50
Actual Margin of Safety26.06%

DateStockDescriptionTransactionStatusStock InvestmentIncome Generated
9/21/2011NVSCSP Margin UsedCSP 100 NVS @ 52.50 ($5,250.00) 
9/21/2011NVSInitial Put OptionSTO 1 Oct11 52.50 Put @ 0.91  $90.98

Position Summary

Cost Basis($5,250.00)
Income Generated$90.98
Percent Income Generated1.73%
Annualized Income Generated21.08%
Net Profit If Assigned$90.98
Percent Return If Assigned1.73%
Annualized Return If Assigned21.08%
Days Held to Expiration30 days

MMM - New Position

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

CriteriaValue
Dividend Champions StatusChampion
Years of Consecutive Dividend Increases53
Fair Value Estimate$100.00
Target Buy Price$80.00
Target Margin of Safety20.00%
Actual Buy Price$70.00
Actual Margin of Safety30.00%

DateStockDescriptionTransactionStatusStock InvestmentIncome Generated
9/21/2011MMMCSP Margin UsedCSP 100 MMM @ 70.00 ($7,000.00) 
9/21/2011MMMInitial Put OptionSTO 1 Oct11 70.00 Put @ 0.91  $90.98

Position Summary

Cost Basis($7,000.00)
Income Generated$90.98
Percent Income Generated1.30%
Annualized Income Generated15.81%
Net Profit If Assigned$90.98
Percent Return If Assigned1.30%
Annualized Return If Assigned15.81%
Days Held to Expiration30 days

MDT - New Position

A new CSP position was established today on Medtronic Inc (MDT). All prices include IB commissions.

Note: This is the second position on MDT.

CriteriaValue
Dividend Champions StatusChampion
Years of Consecutive Dividend Increases33
Fair Value Estimate$48.00
Target Buy Price$38.40
Target Margin of Safety20.00%
Actual Buy Price$30.00
Actual Margin of Safety37.50%

DateStockDescriptionTransactionStatusStock InvestmentIncome Generated
9/21/2011MDTCSP Margin UsedCSP 100 MDT @ 30.00 ($3,000.00) 
9/21/2011MDTInitial Put OptionSTO 1 Oct11 30.00 Put @ 0.25  $24.98

Position Summary

Cost Basis($3,000.00)
Income Generated$24.98
Percent Income Generated0.83%
Annualized Income Generated10.13%
Net Profit If Assigned$24.98
Percent Return If Assigned0.83%
Annualized Return If Assigned10.13%
Days Held to Expiration30 days