A new CSP position was established today on Strayer Education Inc (STRA). All prices include IB commissions.
| Criteria | Value |
| Dividend Champions Status | Challenger |
| Years of Consecutive Dividend Increases | 8 |
| Fair Value Estimate | $130.00 |
| Target Buy Price | $78.00 |
| Target Margin of Safety | 40.00% |
| Actual Buy Price | $55.00 |
| Actual Margin of Safety | 57.69% |
| Date | Stock | Description | Transaction | Status | Stock Investment | Income Generated |
| 7/31/2012 | STRA | CSP Margin Used | CSP 100 STRA @ 55.00 |   | ($5,500.00) |   |
| 7/31/2012 | STRA | Initial Put Option | STO 1 Sep12 55.00 Put @ 1.04 |   |   | $103.94 |
Position Summary
| Cost Basis | ($5,500.00) |
| Income Generated | $103.94 |
| Percent Income Generated | 1.89% |
| Annualized Income Generated | 13.27% |
| Net Profit If Assigned | $103.94 |
| Percent Return If Assigned | 1.89% |
| Annualized Return If Assigned | 13.27% |
| Days Held to Expiration | 52 days |