Monday, July 29, 2013

GDX - New Position

A new CSP position was established today on Market Vectors Gold Miners ETF (GDX). All prices include IB commissions.

This is the second position on GDX. The first position is a CC.

DateStockDescriptionTransactionStatusStock InvestmentIncome Generated
7/29/2013GDXCSP Margin UsedCSP 100 GDX @ 24.00 ($2,400.00) 
7/29/2013GDXInitial Put OptionSTO 1 Aug13 24.00 Put @ 0.16  $15.93

Position Summary

Cost Basis($2,400.00)
Income Generated$15.93
Percent Income Generated0.66%
Annualized Income Generated13.46%
Net Profit If Closed$15.93
Percent Return If Closed0.66%
Annualized Return If Closed13.46%
Days Held to Expiration18 days