A new CSP position was established today on Terex (TEX). All prices include IB commissions.
This is a position which requires a minimum of 15% Downside Protection and 15% Annualized Return.
| Criteria | Value |
|---|---|
| Downside Protection | 15.27% |
| Annualized Return | 18.13% |
| Fair Value Estimate | $33.00 |
| Target Buy Price | $19.80 |
| Target Margin of Safety | 40.00% |
| Actual Buy Price | $21.00 |
| Actual Margin of Safety | 36.36% |
| Date | Stock | Description | Transaction | Status | Stock Investment | Income Generated |
|---|---|---|---|---|---|---|
| 12/4/2012 | TEX | CSP Margin Used | CSP 100 TEX @ 21.00 | ($2,100.00) | ||
| 12/4/2012 | TEX | Initial Put Option | STO 1 Jan13 21.00 Put @ 0.47 | $46.94 |
Position Summary
| Cost Basis | ($2,100.00) |
| Income Generated | $46.94 |
| Percent Income Generated | 2.24% |
| Annualized Income Generated | 18.13% |
| Net Profit If Closed | $46.94 |
| Percent Return If Closed | 2.24% |
| Annualized Return If Closed | 18.13% |
| Days Held to Expiration | 45 days |
