Thursday, January 24, 2013

MNST - New Position

A new CSP position was established today on Monster Beverages Corp (MNST). All prices include IB commissions.

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

Downside Protection27.43%
Annualized Return14.52%
Fair Value Estimate$52.00
Target Buy Price$31.20
Target Margin of Safety40.00%
Actual Buy Price$35.00
Actual Margin of Safety32.69%

DateStockDescriptionTransactionStatusStock InvestmentIncome Generated
1/24/2013MNSTCSP Margin UsedCSP 100 MNST @ 35.00 ($3,500.00) 
1/24/2013MNSTInitial Put OptionSTO 1 Mar13 35.00 Put @ 0.70  $69.63

Position Summary

Cost Basis($3,500.00)
Income Generated$69.63
Percent Income Generated1.99%
Annualized Income Generated14.52%
Net Profit If Closed$69.63
Percent Return If Closed1.99%
Annualized Return If Closed14.52%
Days Held to Expiration50 days