Thursday, February 7, 2013

CMP - New Position

A new CSP position was established today on Compass Minerals International (CMP). All prices include IB commissions.

Dividend Champions StatusChallenger
Years of Consecutive Dividend Increases9
Fair Value Estimate$93.00
Target Buy Price$65.10
Target Margin of Safety30.00%
Actual Buy Price$70.00
Actual Margin of Safety24.73%

DateStockDescriptionTransactionStatusStock InvestmentIncome Generated
2/7/2013CMPCSP Margin UsedCSP 100 CMP @ 70.00 ($7,000.00) 
2/7/2013CMPInitial Put OptionSTO 1 Mar13 70.00 Put @ 0.75  $74.73

Position Summary

Cost Basis($7,000.00)
Income Generated$74.73
Percent Income Generated1.07%
Annualized Income Generated10.82%
Net Profit If Closed$74.73
Percent Return If Closed1.07%
Annualized Return If Closed10.82%
Days Held to Expiration36 days