Tuesday, November 1, 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
11/1/2011XOMCSP Margin UsedCSP 100 XOM @ 67.50 ($6,750.00) 
11/1/2011XOMInitial Put OptionSTO 1 Jan12 67.50 Put @ 1.71  $171.17

Position Summary

Cost Basis($6,750.00)
Income Generated$171.17
Percent Income Generated2.54%
Annualized Income Generated11.57%
Net Profit If Assigned$171.17
Percent Return If Assigned2.54%
Annualized Return If Assigned11.57%
Days Held to Expiration80 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$46.00
Target Buy Price$32.30
Target Margin of Safety30.00%
Actual Buy Price$30.00
Actual Margin of Safety34.78%

DateStockDescriptionTransactionStatusStock InvestmentIncome Generated
11/1/2011MDTCSP Margin UsedCSP 100 MDT @ 30.00 ($3,000.00) 
11/1/2011MDTInitial Put OptionSTO 1 Dec11 30.00 Put @ 0.60  $59.98

Position Summary

Cost Basis($3,000.00)
Income Generated$59.98
Percent Income Generated2.00%
Annualized Income Generated16.22%
Net Profit If Assigned$59.98
Percent Return If Assigned2.00%
Annualized Return If Assigned16.22%
Days Held to Expiration45 days

FDX - New Position

A new CSP position was established today on FedEx Corporation (FDX). All prices include IB commissions.

Note: This is the second position on FDX.

CriteriaValue
Dividend Champions StatusChallenger
Years of Consecutive Dividend Increases9
Fair Value Estimate$112.00
Target Buy Price$67.20
Target Margin of Safety40.00%
Actual Buy Price$67.50
Actual Margin of Safety39.73%

DateStockDescriptionTransactionStatusStock InvestmentIncome Generated
11/1/2011FDXCSP Margin UsedCSP 100 FDX @ 67.50 ($6,750.00) 
11/1/2011FDXInitial Put OptionSTO 1 Jan12 67.50 Put @ 1.83  $182.97

Position Summary

Cost Basis($6,750.00)
Income Generated$182.97
Percent Income Generated2.71%
Annualized Income Generated12.37%
Net Profit If Assigned$182.97
Percent Return If Assigned2.71%
Annualized Return If Assigned12.37%
Days Held to Expiration80 days

DOV - New Position

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

Note: This is the second position on DOV.

CriteriaValue
Dividend Champions StatusChampion
Years of Consecutive Dividend Increases55
Fair Value Estimate$73.00
Target Buy Price$51.10
Target Margin of Safety30.00%
Actual Buy Price$45.00
Actual Margin of Safety38.36%

DateStockDescriptionTransactionStatusStock InvestmentIncome Generated
11/1/2011DOVCSP Margin UsedCSP 100 DOV @ 45.00 ($4,500.00) 
11/1/2011DOVInitial Put OptionSTO 1 Dec11 45.00 Put @ 0.91  $90.98

Position Summary

Cost Basis($4,500.00)
Income Generated$90.98
Percent Income Generated2.02%
Annualized Income Generated16.40%
Net Profit If Assigned$90.98
Percent Return If Assigned2.02%
Annualized Return If Assigned16.40%
Days Held to Expiration45 days

AVP - New Position

A new CSP position was established today on Avon Products Inc (AVP). All prices include IB commissions.

Note: This is the second position on AVP.

CriteriaValue
Dividend Champions StatusContender
Years of Consecutive Dividend Increases22
Fair Value Estimate$36.00
Target Buy Price$25.20
Target Margin of Safety30.00%
Actual Buy Price$16.00
Actual Margin of Safety44.45%

DateStockDescriptionTransactionStatusStock InvestmentIncome Generated
11/1/2011AVPCSP Margin UsedCSP 200 AVP @ 16.00 ($3,200.00) 
11/1/2011AVPInitial Put OptionSTO 2 Dec11 16.00 Put @ 0.57  $113.15

Position Summary

Cost Basis($3,200.00)
Income Generated$113.15
Percent Income Generated3.54%
Annualized Income Generated28.68%
Net Profit If Assigned$113.15
Percent Return If Assigned3.54%
Annualized Return If Assigned28.68%
Days Held to Expiration45 days

Monday, October 31, 2011

SYK - New Position

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

CriteriaValue
Dividend Champions StatusContender
Years of Consecutive Dividend Increases18
Fair Value Estimate$63.00
Target Buy Price$44.10
Target Margin of Safety30.00%
Actual Buy Price$44.00
Actual Margin of Safety30.16%

DateStockDescriptionTransactionStatusStock InvestmentIncome Generated
10/31/2011SYKCSP Margin UsedCSP 100 SYK @ 44.00 ($4,400.00) 
10/31/2011SYKInitial Put OptionSTO 1 Jan12 44.00 Put @ 1.25  $124.56

Position Summary

Cost Basis($4,400.00)
Income Generated$124.56
Percent Income Generated2.83%
Annualized Income Generated12.76%
Net Profit If Assigned$124.56
Percent Return If Assigned2.83%
Annualized Return If Assigned12.76%
Days Held to Expiration81 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$55.00
Actual Margin of Safety22.54%

DateStockDescriptionTransactionStatusStock InvestmentIncome Generated
10/31/2011NVSCSP Margin UsedCSP 100 NVS @ 55.00 ($5,500.00) 
10/31/2011NVSInitial Put OptionSTO 1 Dec11 55.00 Put @ 1.29  $128.98

Position Summary

Cost Basis($5,500.00)
Income Generated$128.98
Percent Income Generated2.35%
Annualized Income Generated18.61%
Net Profit If Assigned$128.98
Percent Return If Assigned2.35%
Annualized Return If Assigned18.61%
Days Held to Expiration46 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$65.00
Actual Margin of Safety23.53%

DateStockDescriptionTransactionStatusStock InvestmentIncome Generated
10/31/2011COPCSP Margin UsedCSP 100 COP @ 65.00 ($6,500.00) 
10/31/2011COPInitial Put OptionSTO 1 Jan12 65.00 Put @ 1.87  $186.97

Position Summary

Cost Basis($6,500.00)
Income Generated$186.97
Percent Income Generated2.88%
Annualized Income Generated12.96%
Net Profit If Assigned$186.97
Percent Return If Assigned2.88%
Annualized Return If Assigned12.96%
Days Held to Expiration81 days

NUE - Adjustment

The following adjustment was made today on Nucor Corporation (NUE). All prices include IB commissions.

This is the second position on NUE.

CriteriaValue
Dividend Champions StatusChampion
Years of Consecutive Dividend Increases38
Fair Value Estimate$58.00
Target Buy Price$35.00
Target Margin of Safety39.66%
Actual Buy Price$35.00
Actual Margin of Safety39.66%

DateStockDescriptionTransactionStatusStock InvestmentIncome Generated
10/31/2011NUEContinued TradeSTO 1 Jan12 35.00 Put @ 1.47  $146.52

Current Position Summary

Cost Basis($3,500.00)
Income Generated$255.50
Percent Income Generated7.30%
Annualized Income Generated11.01%
Net Profit If Assigned$255.50
Percent Return If Assigned7.30%
Annualized Return If Assigned11.01%
Days Held to Expiration242 days

Trade History

DateStockDescriptionTransactionStatusStock InvestmentIncome Generated
5/23/2011NUECSP Margin UsedCSP 100 NUE @ 35.00 ($3,500.00) 
5/23/2011NUEInitial Put OptionSTO 1 Oct11 35.00 Put @ 1.09Expired $108.98
10/31/2011NUEContinued TradeSTO 1 Jan12 35.00 Put @ 1.47  $146.52
1/20/2012NUE Totals ($3,500.00)$255.50
DTE242 Percent Income/Annualized 7.30%11.01%

MMM - Adjustment

The following adjustment was made 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
10/31/2011MMMContinued TradeSTO 1 Jan12 70.00 Put @ 1.56  $155.97

Current Position Summary

Cost Basis($7,000.00)
Income Generated$246.95
Percent Income Generated3.53%
Annualized Income Generated10.64%
Net Profit If Assigned$246.95
Percent Return If Assigned3.53%
Annualized Return If Assigned10.64%
Days Held to Expiration121 days

Trade History

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 @ 0.91Expired $90.98
10/31/2011MMMContinued TradeSTO 1 Jan12 70.00 Put @ 1.56  $155.97
1/20/2012MMM Totals ($7,000.00)$246.95
DTE121 Percent Income/Annualized 3.53%10.64%