A new CSP position was established today on Market Vectors Gold Miners ETF (GDX). All prices include IB commissions.
This is the second position on GDX. The first position is a CC.
| Date | Stock | Description | Transaction | Status | Stock Investment | Income Generated |
|---|---|---|---|---|---|---|
| 8/30/2013 | GDX | CSP Margin Used | CSP 100 GDX @ 25.00 | ($2,500.00) | ||
| 8/30/2013 | GDX | Initial Put Option | STO 1 Sep13 25.00 Put @ 0.25 | $24.93 |
Position Summary
| Cost Basis | ($2,500.00) |
| Income Generated | $24.93 |
| Percent Income Generated | 1.00% |
| Annualized Income Generated | 17.33% |
| Net Profit If Closed | $24.93 |
| Percent Return If Closed | 1.00% |
| Annualized Return If Closed | 17.33% |
| Days Held to Expiration | 21 days |
