Tuesday, August 24, 2010

MDT - New Position

A new CSP position was established today on Medtronic Inc (MDT). All prices include IB commissions.

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

DateStockDescriptionTransactionStatusStock InvestmentIncome Generated
8/24/2010MDTCSP Margin UsedCSP 100 MDT @ 30.00 ($3,000.00) 
8/24/2010MDTInitial Put OptionSTO 1 Sep10 30.00 Put @ 0.58  $58.04

Position Summary

Cost Basis($3,000.00)
Income Generated$58.04
Percent Income Generated1.93%
Annualized Income Generated29.42%
Net Profit If Assigned$58.04
Percent Return If Assigned1.93%
Annualized Return If Assigned29.42%
Days Held to Expiration24 days