Tuesday, August 24, 2010

ADP - New Position




A new CSP position was established today on Automatic Data Processing (ADP). All prices include IB commissions.

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







DateStockDescriptionTransactionStatusStock InvestmentIncome Generated
8/24/2010ADPCSP Margin UsedCSP 100 ADP @ 36.00 ($3,600.00) 
8/24/2010ADPInitial Put OptionSTO 1 Oct10 36.00 Put @ 0.49  $48.99


Position Summary





Cost Basis($3,600.00)
Income Generated$48.99
Percent Income Generated1.36%
Annualized Income Generated9.55%
Net Profit If Assigned$48.99
Percent Return If Assigned1.36%
Annualized Return If Assigned9.55%
Days Held to Expiration52 days