A new CSP position was established today on Rovi Corp (ROVI). 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 | 14.01% |
| Annualized Return | 18.46% |
| Fair Value Estimate | $25.00 |
| Target Buy Price | $12.50 |
| Target Margin of Safety | 50.00% |
| Actual Buy Price | $15.00 |
| Actual Margin of Safety | 40.00% |
| Date | Stock | Description | Transaction | Status | Stock Investment | Income Generated |
|---|---|---|---|---|---|---|
| 1/25/2013 | ROVI | CSP Margin Used | CSP 100 ROVI @ 15.00 | ($1,500.00) | ||
| 1/25/2013 | ROVI | Initial Put Option | STO 1 Feb13 15.00 Put @ 0.16 | $15.93 |
Position Summary
| Cost Basis | ($1,500.00) |
| Income Generated | $15.93 |
| Percent Income Generated | 1.06% |
| Annualized Income Generated | 18.46% |
| Net Profit If Closed | $15.93 |
| Percent Return If Closed | 1.06% |
| Annualized Return If Closed | 18.46% |
| Days Held to Expiration | 21 days |
