Tuesday, January 29, 2013

SIL - New Position

A new CSP position was established today on Global X Silver Miners ETF (SIL). All prices include IB commissions.

DateStockDescriptionTransactionStatusStock InvestmentIncome Generated
1/29/2013SILCSP Margin UsedCSP 100 SIL @ 20.00 ($2,000.00) 
1/29/2013SILInitial Put OptionSTO 1 Mar13 20.00 Put @ 0.45  $44.51

Position Summary

Cost Basis($2,000.00)
Income Generated$44.51
Percent Income Generated2.23%
Annualized Income Generated18.05%
Net Profit If Closed$44.51
Percent Return If Closed2.23%
Annualized Return If Closed18.05%
Days Held to Expiration45 days