Monday, October 31, 2011

LOW - Adjustment

The following adjustment was made today on Lowes Companies Inc (LOW) All prices include IB commissions.

This is the second position on LOW.

CriteriaValue
Dividend Champions StatusChampion
Years of Consecutive Dividend Increases48
Fair Value Estimate$36.00
Target Buy Price$25.00
Target Margin of Safety30.56%
Actual Buy Price$21.00
Actual Margin of Safety41.67%

DateStockDescriptionTransactionStatusStock InvestmentIncome Generated
10/31/2011LOWContinued TradeSTO 2 Nov11 21.00 Put @ 0.59  $118.55

Current Position Summary

Cost Basis($4,200.00)
Income Generated$231.11
Percent Income Generated5.50%
Annualized Income Generated11.22%
Net Profit If Assigned$231.11
Percent Return If Assigned5.50%
Annualized Return If Assigned11.22%
Days Held to Expiration179 days

Trade History

DateStockDescriptionTransactionStatusStock InvestmentIncome Generated
5/23/2011LOWCSP Margin UsedCSP 200 LOW @ 21.00 ($4,200.00) 
5/23/2011LOWInitial Put OptionSTO 2 Oct11 21.00 Put @ 0.56Expired $112.56
10/31/2011LOWContinued TradeSTO 2 Nov11 21.00 Put @ 0.59  $118.55
11/18/2011LOW Totals ($4,200.00)$231.11
DTE179 Percent Income/Annualized 5.50%11.22%