A new CSP position was established today on ProShares UltraShort 20+ Year Treasury (TBT). All prices include IB commissions.
This is the second position on TBT. The first position is a CC. If assigned, I'll combine both positions into a single position and consider this dollar cost averaging. If expired, I'll apply the premium to the original position to lower the cost basis.
| Date | Stock | Description | Transaction | Status | Stock Investment | Income Generated |
|---|---|---|---|---|---|---|
| 9/2/2011 | TBT | CSP Margin Used | CSP 200 TBT @ 23.00 | ($4,600.00) | ||
| 9/2/2011 | TBT | Initial Put Option | STO 2 Sep11 23.00 Put @ 1.04 | $207.65 |
Position Summary
| Cost Basis | ($4,600.00) |
| Income Generated | $207.65 |
| Percent Income Generated | 4.51% |
| Annualized Income Generated | 117.69% |
| Net Profit If Assigned | $207.65 |
| Percent Return If Assigned | 4.51% |
| Annualized Return If Assigned | 117.69% |
| Days Held to Expiration | 14 days |
