Tuesday, December 21, 2010

SYK - New Position




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

This is the second position on SYK. The first position is a CC.


  • Dividend Champions Status = Contender
  • Years of Consecutive Dividend Increases = 17
  • Years of Positive Free Cash Flow (last 10 years) = 10
  • Discount to Morningstar's Fair Value Estimate = 30.56%








DateStockDescriptionTransactionStatusStock InvestmentIncome Generated
12/21/2010SYKCSP Margin UsedCSP 100 SYK @ 50.00 ($5,000.00) 
12/21/2010SYKInitial Put OptionSTO 1 Feb11 50.00 Put @ 0.62  $62.24


Position Summary





Cost Basis($5,000.00)
Income Generated$62.24
Percent Income Generated1.24%
Annualized Income Generated7.70%
Net Profit If Assigned$62.24
Percent Return If Assigned1.24%
Annualized Return If Assigned7.70%
Days Held to Expiration59 days