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 | $55.00 | 
| Actual Margin of Safety | 57.69% | 
| Date | Stock | Description | Transaction | Status | Stock Investment | Income Generated | 
|---|
| 7/31/2012 | STRA | CSP Margin Used | CSP 100 STRA @ 55.00 |   | ($5,500.00) |   | 
| 7/31/2012 | STRA | Initial Put Option | STO 1 Sep12 55.00 Put @ 1.04 |   |   | $103.94 | 
Position Summary
| Cost Basis | ($5,500.00) | 
| Income Generated | $103.94 | 
| Percent Income Generated | 1.89% | 
| Annualized Income Generated | 13.27% | 
| Net Profit If Assigned | $103.94 | 
| Percent Return If Assigned | 1.89% | 
| Annualized Return If Assigned | 13.27% | 
| Days Held to Expiration | 52 days |