Monday, July 29, 2013

SIL - New Position

A new CSP position was established today on Global X Silver Miners ETF (SIL). All prices include IB commissions.

This is the second position on SIL. The first position is a CC.

DateStockDescriptionTransactionStatusStock InvestmentIncome Generated
7/29/2013SILCSP Margin UsedCSP 100 SIL @ 13.00 ($1,300.00) 
7/29/2013SILInitial Put OptionSTO 1 Aug13 13.00 Put @ 0.24  $24.11

Position Summary

Cost Basis($1,300.00)
Income Generated$24.11
Percent Income Generated1.85%
Annualized Income Generated37.61%
Net Profit If Closed$24.11
Percent Return If Closed1.85%
Annualized Return If Closed37.61%
Days Held to Expiration18 days