A new CSP position was established today on WMS Industries (WMS). 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 | 15.98% |
| Annualized Return | 62.49% |
| Fair Value Estimate | $33.00 |
| Target Buy Price | $23.10 |
| Target Margin of Safety | 30.00% |
| Actual Buy Price | $15.00 |
| Actual Margin of Safety | 54.55% |
| Date | Stock | Description | Transaction | Status | Stock Investment | Income Generated |
|---|---|---|---|---|---|---|
| 1/25/2013 | WMS | CSP Margin Used | CSP 100 WMS @ 15.00 | ($1,500.00) | ||
| 1/25/2013 | WMS | Initial Put Option | STO 1 Feb13 15.00 Put @ 0.54 | $53.93 |
Position Summary
| Cost Basis | ($1,500.00) |
| Income Generated | $53.93 |
| Percent Income Generated | 3.60% |
| Annualized Income Generated | 62.49% |
| Net Profit If Closed | $53.93 |
| Percent Return If Closed | 3.60% |
| Annualized Return If Closed | 62.49% |
| Days Held to Expiration | 21 days |
