Monday, May 23, 2011

BDX - New Position




A new CSP position was established today on Becton Dickinson and Company (BDX). All prices include IB commissions.










CriteriaValue
Dividend Champions StatusChampion
Years of Consecutive Dividend Increases38
Fair Value Estimate$98.00
Target Buy Price$80.00
Target Margin of Safety18.37%
Actual Buy Price$80.00
Actual Margin of Safety18.37%








DateStockDescriptionTransactionStatusStock InvestmentIncome Generated
5/23/2011BDXCSP Margin UsedCSP 100 BDX @ 80.00 ($8,000.00) 
5/23/2011BDXInitial Put OptionSTO 1 Sep11 80.00 Put @ 1.44  $143.98


Position Summary





Cost Basis($8,000.00)
Income Generated$143.98
Percent Income Generated1.80%
Annualized Income Generated5.66%
Net Profit If Assigned$143.98
Percent Return If Assigned1.80%
Annualized Return If Assigned5.66%
Days Held to Expiration116 days