Tuesday, August 24, 2010

GD - New Position




A new CSP position was established today on General Dynamics Corporation (GD). All prices include IB commissions.

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







DateStockDescriptionTransactionStatusStock InvestmentIncome Generated
8/24/2010GDCSP Margin UsedCSP 100 GD @ 50.00 ($5,000.00) 
8/24/2010GDInitial Put OptionSTO 1 Oct10 50.00 Put @ 0.56  $56.24


Position Summary





Cost Basis($5,000.00)
Income Generated$56.24
Percent Income Generated1.12%
Annualized Income Generated7.90%
Net Profit If Assigned$56.24
Percent Return If Assigned1.12%
Annualized Return If Assigned7.90%
Days Held to Expiration52 days