A new CSP position was established today on Compass Minerals International (CMP). All prices include IB commissions.
| Criteria | Value |
|---|
| Dividend Champions Status | Challenger |
| Years of Consecutive Dividend Increases | 9 |
| Fair Value Estimate | $93.00 |
| Target Buy Price | $65.10 |
| Target Margin of Safety | 30.00% |
| Actual Buy Price | $65.00 |
| Actual Margin of Safety | 30.11% |
| Date | Stock | Description | Transaction | Status | Stock Investment | Income Generated |
|---|
| 3/6/2012 | CMP | CSP Margin Used | CSP 100 CMP @ 65.00 | | ($6,500.00) | |
| 3/6/2012 | CMP | Initial Put Option | STO 1 Apr12 65.00 Put @ 0.80 | | | $79.72 |
Position Summary
| Cost Basis | ($6,500.00) |
| Income Generated | $79.72 |
| Percent Income Generated | 1.23% |
| Annualized Income Generated | 9.95% |
| Net Profit If Assigned | $79.72 |
| Percent Return If Assigned | 1.23% |
| Annualized Return If Assigned | 9.95% |
| Days Held to Expiration | 45 days |
