A new CSP position was established today on Broadcom (BRCM). All prices include IB commissions.
| Criteria | Value |
|---|
| Dividend Champions Status | Near Challenger |
| Years of Consecutive Dividend Increases | 4 |
| Fair Value Estimate | $35.00 |
| Target Buy Price | $21.00 |
| Target Margin of Safety | 40.00% |
| Actual Buy Price | $24.00 |
| Actual Margin of Safety | 31.43% |
| Date | Stock | Description | Transaction | Status | Stock Investment | Income Generated |
|---|
| 8/27/2013 | BRCM | CSP Margin Used | CSP 100 BRCM @ 24.00 | | ($2,400.00) | |
| 8/27/2013 | BRCM | Initial Put Option | STO 1 Sep13 24.00 Put @ 0.40 | | | $40.48 |
Position Summary
| Cost Basis | ($2,400.00) |
| Income Generated | $40.48 |
| Percent Income Generated | 1.69% |
| Annualized Income Generated | 25.65% |
| Net Profit If Closed | $40.48 |
| Percent Return If Closed | 1.69% |
| Annualized Return If Closed | 25.65% |
| Days Held to Expiration | 24 days |
