Wednesday, October 24, 2012

CSX - New Position

A new CSP position was established today on CSX Corporation (CSX). All prices include IB commissions.

CriteriaValue
Dividend Champions StatusChallenger
Years of Consecutive Dividend Increases8
Fair Value Estimate$31.00
Target Buy Price$21.70
Target Margin of Safety30.00%
Actual Buy Price$20.00
Actual Margin of Safety35.48%

DateStockDescriptionTransactionStatusStock InvestmentIncome Generated
10/24/2012CSXCSP Margin UsedCSP 100 CSX @ 20.00 ($2,000.00) 
10/24/2012CSXInitial Put OptionSTO 1 Nov12 20.00 Put @ 0.27  $27.24

Position Summary

Cost Basis($2,000.00)
Income Generated$27.24
Percent Income Generated1.36%
Annualized Income Generated21.61%
Net Profit If Assigned$27.24
Percent Return If Assigned1.36%
Annualized Return If Assigned21.61%
Days Held to Expiration23 days