Thursday, April 22, 2010

NUE - New Position




A new position was established today on Nucor Corporation (NUE). All prices include IB commissions.

Criteria for Selection:


  • Dividend Champions Status = Member
  • Years of Consecutive Dividend Increases = 37
  • Years of Positive Free Cash Flow (last 10 years) = 10


NOTE: This is a consolidated position which uses the average starting date and combines the average cost basis, income received, and available cash from other positions which have been closed.








DateStockDescriptionTransactionStatusStock InvestmentIncome Generated
4/22/2010 CSP Margin UsedCSP 100 NUE @ 44.00 ($4,400.00) 
4/22/2010NUENew Cost Basis$10,090.00 100 @ 100.90   
4/22/2010NUEContinued TradeSTO 1 May10 44.00 Put @ 1.05  $104.99


Current Position Summary





Cost Basis$10,090.00
Income Generated$3,564.99
Percent Income Generated35.33%
Annualized Income Generated12.88%
Net Profit If Assigned($2,125.01)
Percent Return If Assigned-21.06%
Annualized Return If Assigned-7.68%
Days Held to Expiration1001 days


Trade History














DateStockDescriptionTransactionStatusStock InvestmentIncome Generated
8/24/2007 Average Starting DateConsolidated Position   
4/22/2010 Average Cost Basis 170 @ 76.71 ($13,040.00) 
4/22/2010 Average Income 2 Income @ 20.35  $3,460.00
4/22/2010 Average Available Cash 170 @ -43.24 $7,350.00 
4/22/2010 CSP Margin UsedCSP 100 NUE @ 44.00 ($4,400.00) 
4/22/2010NUENew Cost Basis$10,090.00 100 @ 100.90   
4/22/2010NUEContinued TradeSTO 1 May10 44.00 Put @ 1.05  $104.99
5/21/2010NUE Totals ($10,090.00)$3,564.99
DTE1001 Percent Income/Annualized 35.33%12.88%