A new CSP position was established today on Chesapeake Energy (CHK). 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 | 11.92% |
| Annualized Return | 12.02% |
| 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 |
|---|---|---|---|---|---|---|
| 2/4/2013 | CHK | CSP Margin Used | CSP 100 CHK @ 18.00 | ($1,800.00) | ||
| 2/4/2013 | CHK | Initial Put Option | STO 1 Mar13 18.00 Put @ 0.23 | $23.11 |
Position Summary
| Cost Basis | ($1,800.00) |
| Income Generated | $23.11 |
| Percent Income Generated | 1.28% |
| Annualized Income Generated | 12.02% |
| Net Profit If Closed | $23.11 |
| Percent Return If Closed | 1.28% |
| Annualized Return If Closed | 12.02% |
| Days Held to Expiration | 39 days |
