A new CSP position was established today on Microsoft Corp (MSFT). All prices include IB commissions.
| Criteria | Value |
|---|
| Dividend Champions Status | Contender |
| Years of Consecutive Dividend Increases | 10 |
| Fair Value Estimate | $35.00 |
| Target Buy Price | $24.50 |
| Target Margin of Safety | 30.00% |
| Actual Buy Price | $30.00 |
| Actual Margin of Safety | 14.29% |
| Date | Stock | Description | Transaction | Status | Stock Investment | Income Generated |
|---|
| 8/20/2013 | MSFT | CSP Margin Used | CSP 100 MSFT @ 30.00 | | ($3,000.00) | |
| 8/20/2013 | MSFT | Initial Put Option | STO 1 Sep13 30.00 Put @ 0.33 | | | $33.11 |
Position Summary
| Cost Basis | ($3,000.00) |
| Income Generated | $33.11 |
| Percent Income Generated | 1.10% |
| Annualized Income Generated | 12.99% |
| Net Profit If Closed | $33.11 |
| Percent Return If Closed | 1.10% |
| Annualized Return If Closed | 12.99% |
| Days Held to Expiration | 31 days |
