Tuesday, December 21, 2010

ABT - Adjustment




The following adjustment was made today on Abbott Laboratories (ABT). All prices include IB commissions.

The Jan 55 Call was bought back and no new call was sold. I'll continue to hold ABT as a long stock position and collect dividends until I can sell another 55 call at a sufficient premium.


  • Dividend Champions Status = Champion
  • Years of Consecutive Dividend Increases = 38
  • Years of Positive Free Cash Flow (last 10 years) = 10
  • Discount to Morningstar's Fair Value Estimate = 23.90%







DateStockDescriptionTransactionStatusStock InvestmentIncome Generated
12/21/2010ABTBuy BackBTC 1 Jan11 55.00 Call @ -0.03  ($2.96)


Current Position Summary





Cost Basis($5,500.00)
Income Generated$498.54
Percent Income Generated9.06%
Annualized Income Generated9.09%
Net Profit If Assigned$498.54
Percent Return If Assigned9.06%
Annualized Return If Assigned9.09%
Days Held to Expiration364 days


Trade History



















1/22/2010ABTCSP Margin UsedCSP 100 ABT @ 55.00 ($5,500.00) 
1/22/2010ABTInitial Put OptionSTO 1 Feb10 55.00 Put @ 1.00Exercised $100.00
2/19/2010ABTCSP Margin ReturnedCSP 100 ABT @ -55.00 $5,500.00 
2/19/2010ABTStock AssignedEX 1 Feb10 55.00 Put @ -55.00 ($5,500.00) 
2/22/2010ABTContinued TradeSTO 1 Mar10 55.00 Call @ 0.60Expired $60.14
4/30/2010ABTContinued TradeSTO 1 May10 52.50 Call @ 0.31Closed $31.14
5/15/2010ABTDividend ReceivedDIV 100 Dividend @ 0.44  $44.00
5/21/2010ABTBuy Back and Roll Out/DownBTC 1 May10 52.50 Call @ -0.03  ($3.01)
5/21/2010ABTInterim TradeSTO 1 Aug10 50.00 Call @ 1.05Expired $104.99
8/15/2010ABTDividend ReceivedDIV 100 Dividend @ 0.44  $44.00
9/1/2010ABTContinued TradeSTO 1 Jan11 55.00 Call @ 0.76Closed $76.24
11/15/2010ABTDividend ReceivedDIV 100 Dividend @ 0.44  $44.00
12/21/2010ABTBuy BackBTC 1 Jan11 55.00 Call @ -0.03  ($2.96)
1/21/2011ABT Totals ($5,500.00)$498.54
DTE364 Percent Income/Annualized 9.06%9.09%