A new CSP position was established today on Skechers (SKX). 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 | 13.76% |
| Annualized Return | 18.59% |
| Fair Value Estimate | $22.00 |
| Target Buy Price | $13.20 |
| Target Margin of Safety | 40.00% |
| Actual Buy Price | $16.00 |
| Actual Margin of Safety | 27.27% |
| Date | Stock | Description | Transaction | Status | Stock Investment | Income Generated |
|---|---|---|---|---|---|---|
| 1/25/2013 | SKX | CSP Margin Used | CSP 100 SKX @ 16.00 | ($1,600.00) | ||
| 1/25/2013 | SKX | Initial Put Option | STO 1 Mar13 16.00 Put @ 0.40 | $39.93 |
Position Summary
| Cost Basis | ($1,600.00) |
| Income Generated | $39.93 |
| Percent Income Generated | 2.50% |
| Annualized Income Generated | 18.59% |
| Net Profit If Closed | $39.93 |
| Percent Return If Closed | 2.50% |
| Annualized Return If Closed | 18.59% |
| Days Held to Expiration | 49 days |
