Tuesday, September 27, 2011

BDX - Adjustment

The following adjustment was made 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
9/27/2011BDXContinued TradeSTO 1 Nov11 80.00 Call @ 1.78  $177.72

Current Position Summary

Cost Basis($8,000.00)
Income Generated$321.70
Percent Income Generated4.02%
Annualized Income Generated8.20%
Net Profit If Assigned$321.70
Percent Return If Assigned4.02%
Annualized Return If Assigned8.20%
Days Held to Expiration179 days

Trade History

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 @ 1.44Exercised $143.98
9/16/2011BDXCSP Margin ReturnedCSP 100 BDX @ -80.00 $8,000.00 
9/16/2011BDXStock AssignedEX 1 Sep11 80.00 Put @ -80.00 ($8,000.00) 
9/27/2011BDXContinued TradeSTO 1 Nov11 80.00 Call @ 1.78  $177.72
11/18/2011BDX Totals ($8,000.00)$321.70
DTE179 Percent Income/Annualized 4.02%8.20%