Tuesday, December 11, 2012

GDX - New Position

A new CSP position was established today on Market Vectors Gold Miners (GDX). All prices include IB commissions.

DateStockDescriptionTransactionStatusStock InvestmentIncome Generated
12/11/2012GDXCSP Margin UsedCSP 100 GDX @ 44.00 ($4,400.00) 
12/11/2012GDXInitial Put OptionSTO 1 Dec12 44.00 Put @ 0.21  $20.94

Position Summary

Cost Basis($4,400.00)
Income Generated$20.94
Percent Income Generated0.48%
Annualized Income Generated17.37%
Net Profit If Closed$20.94
Percent Return If Closed0.48%
Annualized Return If Closed17.37%
Days Held to Expiration10 days