Wednesday, October 24, 2012

ANF - New Position

A new CSP position was established today on Abercrombie & Fitch (ANF). All prices include IB commissions.

This is a position which requires a minimum of 15% Downside Protection and 15% Annualized Return.

Downside Protection19.71%
Annualized Return16.66%
Fair Value Estimate$42.00
Target Buy Price$25.20
Target Margin of Safety40.00%
Actual Buy Price$25.00
Actual Margin of Safety40.48%

DateStockDescriptionTransactionStatusStock InvestmentIncome Generated
10/24/2012ANFCSP Margin UsedCSP 100 ANF @ 25.00 ($2,500.00) 
10/24/2012ANFInitial Put OptionSTO 1 Nov12 25.00 Put @ 0.26  $26.24

Position Summary

Cost Basis($2,500.00)
Income Generated$26.24
Percent Income Generated1.05%
Annualized Income Generated16.66%
Net Profit If Assigned$26.24
Percent Return If Assigned1.05%
Annualized Return If Assigned16.66%
Days Held to Expiration23 days