Tuesday, August 20, 2013

MSFT - New Position

A new CSP position was established today on Microsoft Corp (MSFT). All prices include IB commissions.

Dividend Champions StatusContender
Years of Consecutive Dividend Increases10
Fair Value Estimate$35.00
Target Buy Price$24.50
Target Margin of Safety30.00%
Actual Buy Price$30.00
Actual Margin of Safety14.29%

DateStockDescriptionTransactionStatusStock InvestmentIncome Generated
8/20/2013MSFTCSP Margin UsedCSP 100 MSFT @ 30.00 ($3,000.00) 
8/20/2013MSFTInitial Put OptionSTO 1 Sep13 30.00 Put @ 0.33  $33.11

Position Summary

Cost Basis($3,000.00)
Income Generated$33.11
Percent Income Generated1.10%
Annualized Income Generated12.99%
Net Profit If Closed$33.11
Percent Return If Closed1.10%
Annualized Return If Closed12.99%
Days Held to Expiration31 days