A new CSP position was established today on Chesapeake Energy (CHK). All prices include IB commissions.
| Criteria | Value |
|---|
| Dividend Champions Status | Frozen Angel |
| Years of Consecutive Dividend Increases | 8 of 9 |
| Fair Value Estimate | $31.00 |
| Target Buy Price | $18.60 |
| Target Margin of Safety | 40.00% |
| Actual Buy Price | $24.00 |
| Actual Margin of Safety | 22.58% |
| Date | Stock | Description | Transaction | Status | Stock Investment | Income Generated |
|---|
| 8/20/2013 | CHK | CSP Margin Used | CSP 100 CHK @ 24.00 | | ($2,400.00) | |
| 8/20/2013 | CHK | Initial Put Option | STO 1 Sep13 24.00 Put @ 0.39 | | | $38.93 |
Position Summary
| Cost Basis | ($2,400.00) |
| Income Generated | $38.93 |
| Percent Income Generated | 1.62% |
| Annualized Income Generated | 19.10% |
| Net Profit If Closed | $38.93 |
| Percent Return If Closed | 1.62% |
| Annualized Return If Closed | 19.10% |
| Days Held to Expiration | 31 days |
