Wednesday, January 23, 2013

WTW - New Position

A new CSP position was established today on Weight Watchers (WTW). All prices include IB commissions.

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

Downside Protection15.06%
Annualized Return21.42%
Fair Value Estimate$70.00
Target Buy Price$42.00
Target Margin of Safety40.00%
Actual Buy Price$47.50
Actual Margin of Safety32.14%

DateStockDescriptionTransactionStatusStock InvestmentIncome Generated
1/23/2013WTWCSP Margin UsedCSP 100 WTW @ 47.50 ($4,750.00) 
1/23/2013WTWInitial Put OptionSTO 1 Feb13 47.50 Put @ 0.64  $64.11

Position Summary

Cost Basis($4,750.00)
Income Generated$64.11
Percent Income Generated1.35%
Annualized Income Generated21.42%
Net Profit If Closed$64.11
Percent Return If Closed1.35%
Annualized Return If Closed21.42%
Days Held to Expiration23 days