Tuesday, July 31, 2012

STRA - New Position

A new CSP position was established today on Strayer Education Inc (STRA). All prices include IB commissions.

Dividend Champions StatusChallenger
Years of Consecutive Dividend Increases8
Fair Value Estimate$130.00
Target Buy Price$78.00
Target Margin of Safety40.00%
Actual Buy Price$55.00
Actual Margin of Safety57.69%

DateStockDescriptionTransactionStatusStock InvestmentIncome Generated
7/31/2012STRACSP Margin UsedCSP 100 STRA @ 55.00 ($5,500.00) 
7/31/2012STRAInitial Put OptionSTO 1 Sep12 55.00 Put @ 1.04  $103.94

Position Summary

Cost Basis($5,500.00)
Income Generated$103.94
Percent Income Generated1.89%
Annualized Income Generated13.27%
Net Profit If Assigned$103.94
Percent Return If Assigned1.89%
Annualized Return If Assigned13.27%
Days Held to Expiration52 days