Tuesday, March 6, 2012

CMP - New Position

A new CSP position was established today on Compass Minerals International (CMP). All prices include IB commissions.

Dividend Champions StatusChallenger
Years of Consecutive Dividend Increases9
Fair Value Estimate$93.00
Target Buy Price$65.10
Target Margin of Safety30.00%
Actual Buy Price$65.00
Actual Margin of Safety30.11%

DateStockDescriptionTransactionStatusStock InvestmentIncome Generated
3/6/2012CMPCSP Margin UsedCSP 100 CMP @ 65.00 ($6,500.00) 
3/6/2012CMPInitial Put OptionSTO 1 Apr12 65.00 Put @ 0.80  $79.72

Position Summary

Cost Basis($6,500.00)
Income Generated$79.72
Percent Income Generated1.23%
Annualized Income Generated9.95%
Net Profit If Assigned$79.72
Percent Return If Assigned1.23%
Annualized Return If Assigned9.95%
Days Held to Expiration45 days