Wednesday, July 31, 2013

MSFT - New Position

A new CSP position was established today on Microsoft Corp (MSFT). All prices include IB commissions.

Dividend Champions StatusContender
Years of Consecutive Dividend Increases10
Fair Value Estimate$35.00
Target Buy Price$24.50
Target Margin of Safety30.00%
Actual Buy Price$31.00
Actual Margin of Safety11.43%

DateStockDescriptionTransactionStatusStock InvestmentIncome Generated
7/31/2013MSFTCSP Margin UsedCSP 100 MSFT @ 31.00 ($3,100.00) 
7/31/2013MSFTInitial Put OptionSTO 1 Aug13 31.00 Put @ 0.25  $25.25

Position Summary

Cost Basis($3,100.00)
Income Generated$25.25
Percent Income Generated0.81%
Annualized Income Generated18.58%
Net Profit If Closed$25.25
Percent Return If Closed0.81%
Annualized Return If Closed18.58%
Days Held to Expiration16 days