A new CSP position was established today on Guess (GES). All prices include IB commissions.
This is a position which requires a minimum of 15% Downside Protection and 15% Annualized Return.
| Criteria | Value |
|---|---|
| Downside Protection | 16.49% |
| Annualized Return | 16.31% |
| Fair Value Estimate | $43.00 |
| Target Buy Price | $25.80 |
| Target Margin of Safety | 40.00% |
| Actual Buy Price | $21.00 |
| Actual Margin of Safety | 51.16% |
| Date | Stock | Description | Transaction | Status | Stock Investment | Income Generated |
|---|---|---|---|---|---|---|
| 11/26/2012 | GES | CSP Margin Used | CSP 100 GES @ 21.00 | ($2,100.00) | ||
| 11/26/2012 | GES | Initial Put Option | STO 1 Jan13 21.00 Put @ 0.50 | $49.74 |
Position Summary
| Cost Basis | ($2,100.00) |
| Income Generated | $49.74 |
| Percent Income Generated | 2.37% |
| Annualized Income Generated | 16.31% |
| Net Profit If Assigned | $49.74 |
| Percent Return If Assigned | 2.37% |
| Annualized Return If Assigned | 16.31% |
| Days Held to Expiration | 53 days |
