Friday, January 25, 2013

WMS - New Position

A new CSP position was established today on WMS Industries (WMS). All prices include IB commissions.

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

Downside Protection15.98%
Annualized Return62.49%
Fair Value Estimate$33.00
Target Buy Price$23.10
Target Margin of Safety30.00%
Actual Buy Price$15.00
Actual Margin of Safety54.55%

DateStockDescriptionTransactionStatusStock InvestmentIncome Generated
1/25/2013WMSCSP Margin UsedCSP 100 WMS @ 15.00 ($1,500.00) 
1/25/2013WMSInitial Put OptionSTO 1 Feb13 15.00 Put @ 0.54  $53.93

Position Summary

Cost Basis($1,500.00)
Income Generated$53.93
Percent Income Generated3.60%
Annualized Income Generated62.49%
Net Profit If Closed$53.93
Percent Return If Closed3.60%
Annualized Return If Closed62.49%
Days Held to Expiration21 days