A new CSP position was established today on First Solar (FSLR). 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 | 24.75% |
| Annualized Return | 13.94% |
| Fair Value Estimate | $37.00 |
| Target Buy Price | $18.50 |
| Target Margin of Safety | 50.00% |
| Actual Buy Price | $22.00 |
| Actual Margin of Safety | 40.54% |
| Date | Stock | Description | Transaction | Status | Stock Investment | Income Generated |
|---|---|---|---|---|---|---|
| 2/5/2013 | FSLR | CSP Margin Used | CSP 100 FSLR @ 22.00 | ($2,200.00) | ||
| 2/5/2013 | FSLR | Initial Put Option | STO 1 Mar13 22.00 Put @ 0.32 | $31.93 |
Position Summary
| Cost Basis | ($2,200.00) |
| Income Generated | $31.93 |
| Percent Income Generated | 1.45% |
| Annualized Income Generated | 13.94% |
| Net Profit If Closed | $31.93 |
| Percent Return If Closed | 1.45% |
| Annualized Return If Closed | 13.94% |
| Days Held to Expiration | 38 days |
