Friday, April 30, 2010

VFC - New Position




A new position was established today on V F Corp (VFC). 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
4/30/2010VFCCSP Margin UsedCSP 100 VFC @ 85.00 ($8,500.00) 
4/30/2010VFCNew Cost Basis$14,190.00 100 @ 141.90   
4/30/2010VFCContinued TradeSTO 1 May10 85.00 Put @ 0.99  $99.14


Current Position Summary





Cost Basis$14,190.00
Income Generated$3,559.14
Percent Income Generated25.08%
Annualized Income Generated9.15%
Net Profit If Assigned($2,130.86)
Percent Return If Assigned-15.02%
Annualized Return If Assigned-5.48%
Days Held to Expiration1001 days


Trade History














DateStockDescriptionTransactionStatusStock InvestmentIncome Generated
8/24/2007 Average Starting DateConsolidated Position   
4/30/2010 Average Cost Basis 170 @ 76.71 ($13,040.00) 
4/30/2010 Average Income 2 Income @ 20.35  $3,460.00
4/30/2010 Average Available Cash 170 @ -43.24 $7,350.00 
4/30/2010VFCCSP Margin UsedCSP 100 VFC @ 85.00 ($8,500.00) 
4/30/2010VFCNew Cost Basis$14,190.00 100 @ 141.90   
4/30/2010VFCContinued TradeSTO 1 May10 85.00 Put @ 0.99  $99.14
5/21/2010VFC Totals ($14,190.00)$3,559.14
DTE1001 Percent Income/Annualized 25.08%9.15%