A new CSP position was established today on United States Steel (X). 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 | 15.14% |
Annualized Return | 11.29% |
Fair Value Estimate | $33.00 |
Target Buy Price | $16.50 |
Target Margin of Safety | 50.00% |
Actual Buy Price | $19.00 |
Actual Margin of Safety | 42.42% |
Date | Stock | Description | Transaction | Status | Stock Investment | Income Generated |
---|---|---|---|---|---|---|
2/4/2013 | X | CSP Margin Used | CSP 100 X @ 19.00 |   | ($1,900.00) |   |
2/4/2013 | X | Initial Put Option | STO 1 Mar13 19.00 Put @ 0.23 |   |   | $22.93 |
Position Summary
Cost Basis | ($1,900.00) |
Income Generated | $22.93 |
Percent Income Generated | 1.21% |
Annualized Income Generated | 11.29% |
Net Profit If Closed | $22.93 |
Percent Return If Closed | 1.21% |
Annualized Return If Closed | 11.29% |
Days Held to Expiration | 39 days |