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 |
