A new CSP position was established today on Alere Inc (ALR). All prices include IB commissions.
This non-Dividend Champion position meets the minimum requirement of 12% Downside Protection and 12% Annualized Return.
| Criteria | Value |
|---|---|
| Downside Protection | 14.34% |
| Annualized Return | 13.45% |
| Fair Value Estimate | $26.00 |
| Target Buy Price | $15.60 |
| Target Margin of Safety | 40.00% |
| Actual Buy Price | $18.00 |
| Actual Margin of Safety | 30.77% |
| Date | Stock | Description | Transaction | Status | Stock Investment | Income Generated |
|---|---|---|---|---|---|---|
| 1/25/2013 | ALR | CSP Margin Used | CSP 100 ALR @ 18.00 | ($1,800.00) | ||
| 1/25/2013 | ALR | Initial Put Option | STO 1 Feb13 18.00 Put @ 0.14 | $13.93 |
Position Summary
| Cost Basis | ($1,800.00) |
| Income Generated | $13.93 |
| Percent Income Generated | 0.77% |
| Annualized Income Generated | 13.45% |
| Net Profit If Closed | $13.93 |
| Percent Return If Closed | 0.77% |
| Annualized Return If Closed | 13.45% |
| Days Held to Expiration | 21 days |
