A new CSP position was established today on Guess (GES). 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 | 13.72% |
| Annualized Return | 12.19% |
| Fair Value Estimate | $37.00 |
| Target Buy Price | $22.20 |
| Target Margin of Safety | 40.00% |
| Actual Buy Price | $22.80 |
| Actual Margin of Safety | 38.38% |
| Date | Stock | Description | Transaction | Status | Stock Investment | Income Generated |
|---|---|---|---|---|---|---|
| 2/5/2013 | GES | CSP Margin Used | CSP 100 GES @ 22.80 | ($2,280.00) | ||
| 2/5/2013 | GES | Initial Put Option | STO 1 Mar13 22.80 Put @ 0.29 | $28.93 |
Position Summary
| Cost Basis | ($2,280.00) |
| Income Generated | $28.93 |
| Percent Income Generated | 1.27% |
| Annualized Income Generated | 12.19% |
| Net Profit If Closed | $28.93 |
| Percent Return If Closed | 1.27% |
| Annualized Return If Closed | 12.19% |
| Days Held to Expiration | 38 days |
