A new CSP position was established today on HollyFrontier (HFC). All prices include IB commissions.
| Criteria | Value |
|---|
| Dividend Champions Status | Contender |
| Years of Consecutive Dividend Increases | 19 |
| Fair Value Estimate | $53.00 |
| Target Buy Price | $26.50 |
| Target Margin of Safety | 50.00% |
| Actual Buy Price | $42.50 |
| Actual Margin of Safety | 19.81% |
| Date | Stock | Description | Transaction | Status | Stock Investment | Income Generated |
|---|
| 8/27/2013 | HFC | CSP Margin Used | CSP 100 HFC @ 42.50 | | ($4,250.00) | |
| 8/27/2013 | HFC | Initial Put Option | STO 1 Sep13 42.50 Put @ 0.66 | | | $65.93 |
Position Summary
| Cost Basis | ($4,250.00) |
| Income Generated | $65.93 |
| Percent Income Generated | 1.55% |
| Annualized Income Generated | 23.59% |
| Net Profit If Closed | $65.93 |
| Percent Return If Closed | 1.55% |
| Annualized Return If Closed | 23.59% |
| Days Held to Expiration | 24 days |
