A new CSP position was established today on Qualcomm (QCOM). All prices include IB commissions.
| Criteria | Value |
|---|---|
| Dividend Champions Status | Contender |
| Years of Consecutive Dividend Increases | 11 |
| Fair Value Estimate | $75.00 |
| Target Buy Price | $52.50 |
| Target Margin of Safety | 30.00% |
| Actual Buy Price | $62.50 |
| Actual Margin of Safety | 16.67% |
| Date | Stock | Description | Transaction | Status | Stock Investment | Income Generated |
|---|---|---|---|---|---|---|
| 7/31/2013 | QCOM | CSP Margin Used | CSP 100 QCOM @ 62.50 |   | ($6,250.00) |   |
| 7/31/2013 | QCOM | Initial Put Option | STO 1 Aug13 62.50 Put @ 0.29 |   |   | $28.93 |
Position Summary
| Cost Basis | ($6,250.00) |
| Income Generated | $28.93 |
| Percent Income Generated | 0.46% |
| Annualized Income Generated | 10.56% |
| Net Profit If Closed | $28.93 |
| Percent Return If Closed | 0.46% |
| Annualized Return If Closed | 10.56% |
| Days Held to Expiration | 16 days |