A new CSP position was established today on Suncor Energy (SU). All prices include IB commissions.
| Criteria | Value |
|---|
| Dividend Champions Status | Challenger |
| Years of Consecutive Dividend Increases | 7 |
| Fair Value Estimate | $52.00 |
| Target Buy Price | $36.40 |
| Target Margin of Safety | 30.00% |
| Actual Buy Price | $31.00 |
| Actual Margin of Safety | 40.38% |
| Date | Stock | Description | Transaction | Status | Stock Investment | Income Generated |
|---|
| 9/25/2012 | SU | CSP Margin Used | CSP 100 SU @ 31.00 | | ($3,100.00) | |
| 9/25/2012 | SU | Initial Put Option | STO 1 Oct12 31.00 Put @ 0.28 | | | $27.94 |
Position Summary
| Cost Basis | ($3,100.00) |
| Income Generated | $27.94 |
| Percent Income Generated | 0.90% |
| Annualized Income Generated | 13.71% |
| Net Profit If Assigned | $27.94 |
| Percent Return If Assigned | 0.90% |
| Annualized Return If Assigned | 13.71% |
| Days Held to Expiration | 24 days |
