A new CSP position was established today on Navistar International (NAV). 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 | 19.26% |
| Annualized Return | 16.77% |
| Fair Value Estimate | $36.00 |
| Target Buy Price | $18.00 |
| Target Margin of Safety | 50.00% |
| Actual Buy Price | $19.00 |
| Actual Margin of Safety | 47.22% |
| Date | Stock | Description | Transaction | Status | Stock Investment | Income Generated |
|---|---|---|---|---|---|---|
| 1/23/2013 | NAV | CSP Margin Used | CSP 100 NAV @ 19.00 | ($1,900.00) | ||
| 1/23/2013 | NAV | Initial Put Option | STO 1 Mar13 19.00 Put @ 0.45 | $44.51 |
Position Summary
| Cost Basis | ($1,900.00) |
| Income Generated | $44.51 |
| Percent Income Generated | 2.34% |
| Annualized Income Generated | 16.77% |
| Net Profit If Closed | $44.51 |
| Percent Return If Closed | 2.34% |
| Annualized Return If Closed | 16.77% |
| Days Held to Expiration | 51 days |
