A new CSP position was established today on FTI Consulting (FCN). All prices include IB commissions.
This non-Dividend Champion position meets the minimum requirement of 12% Downside Protection and 12% Annualized Return.
| Criteria | Value |
|---|---|
| Downside Protection | 15.10% |
| Annualized Return | 13.56% |
| Fair Value Estimate | $39.00 |
| Target Buy Price | $27.30 |
| Target Margin of Safety | 30.00% |
| Actual Buy Price | $28.00 |
| Actual Margin of Safety | 28.21% |
| Date | Stock | Description | Transaction | Status | Stock Investment | Income Generated |
|---|---|---|---|---|---|---|
| 1/31/2013 | FCN | CSP Margin Used | CSP 100 FCN @ 28.00 | ($2,800.00) | ||
| 1/31/2013 | FCN | Initial Put Option | STO 1 Mar13 28.00 Put @ 0.45 | $44.73 |
Position Summary
| Cost Basis | ($2,800.00) |
| Income Generated | $44.73 |
| Percent Income Generated | 1.60% |
| Annualized Income Generated | 13.56% |
| Net Profit If Closed | $44.73 |
| Percent Return If Closed | 1.60% |
| Annualized Return If Closed | 13.56% |
| Days Held to Expiration | 43 days |
