Friday, January 25, 2013

ALR - New Position

A new CSP position was established today on Alere Inc (ALR). All prices include IB commissions.

This non-Dividend Champion position meets the minimum requirement of 12% Downside Protection and 12% Annualized Return.

Downside Protection14.34%
Annualized Return13.45%
Fair Value Estimate$26.00
Target Buy Price$15.60
Target Margin of Safety40.00%
Actual Buy Price$18.00
Actual Margin of Safety30.77%

DateStockDescriptionTransactionStatusStock InvestmentIncome Generated
1/25/2013ALRCSP Margin UsedCSP 100 ALR @ 18.00 ($1,800.00) 
1/25/2013ALRInitial Put OptionSTO 1 Feb13 18.00 Put @ 0.14  $13.93

Position Summary

Cost Basis($1,800.00)
Income Generated$13.93
Percent Income Generated0.77%
Annualized Income Generated13.45%
Net Profit If Closed$13.93
Percent Return If Closed0.77%
Annualized Return If Closed13.45%
Days Held to Expiration21 days