A new CSP position was established today on Strayer Education Inc (STRA). All prices include IB commissions.
| Criteria | Value |
| Dividend Champions Status | Challenger |
| Years of Consecutive Dividend Increases | 8 |
| Fair Value Estimate | $130.00 |
| Target Buy Price | $78.00 |
| Target Margin of Safety | 40.00% |
| Actual Buy Price | $80.00 |
| Actual Margin of Safety | 38.46% |
| Date | Stock | Description | Transaction | Status | Stock Investment | Income Generated |
| 5/4/2012 | STRA | CSP Margin Used | CSP 100 STRA @ 80.00 |   | ($8,000.00) |   |
| 5/4/2012 | STRA | Initial Put Option | STO 1 Jun12 80.00 Put @ 1.95 |   |   | $194.97 |
Position Summary
| Cost Basis | ($8,000.00) |
| Income Generated | $194.97 |
| Percent Income Generated | 2.44% |
| Annualized Income Generated | 21.18% |
| Net Profit If Assigned | $194.97 |
| Percent Return If Assigned | 2.44% |
| Annualized Return If Assigned | 21.18% |
| Days Held to Expiration | 42 days |