Monday, May 23, 2011

STRA - New Position




A new CSP position was established today on Strayer Education Inc (STRA). All prices include IB commissions.










CriteriaValue
Dividend Champions StatusChallenger
Years of Consecutive Dividend Increases7
Fair Value Estimate$172.00
Target Buy Price$105.00
Target Margin of Safety38.95%
Actual Buy Price$95.00
Actual Margin of Safety44.77%








DateStockDescriptionTransactionStatusStock InvestmentIncome Generated
5/23/2011STRACSP Margin UsedCSP 100 STRA @ 95.00 ($9,500.00) 
5/23/2011STRAInitial Put OptionSTO 1 Oct11 95.00 Put @ 3.19  $318.98


Position Summary





Cost Basis($9,500.00)
Income Generated$318.98
Percent Income Generated3.36%
Annualized Income Generated6.85%
Net Profit If Assigned$318.98
Percent Return If Assigned3.36%
Annualized Return If Assigned6.85%
Days Held to Expiration179 days