Thursday, January 31, 2013

FCN - New Position

A new CSP position was established today on FTI Consulting (FCN). All prices include IB commissions.

This non-Dividend Champion position meets the minimum requirement of 12% Downside Protection and 12% Annualized Return.

CriteriaValue
Downside Protection15.10%
Annualized Return13.56%
Fair Value Estimate$39.00
Target Buy Price$27.30
Target Margin of Safety30.00%
Actual Buy Price$28.00
Actual Margin of Safety28.21%

DateStockDescriptionTransactionStatusStock InvestmentIncome Generated
1/31/2013FCNCSP Margin UsedCSP 100 FCN @ 28.00 ($2,800.00) 
1/31/2013FCNInitial Put OptionSTO 1 Mar13 28.00 Put @ 0.45  $44.73

Position Summary

Cost Basis($2,800.00)
Income Generated$44.73
Percent Income Generated1.60%
Annualized Income Generated13.56%
Net Profit If Closed$44.73
Percent Return If Closed1.60%
Annualized Return If Closed13.56%
Days Held to Expiration43 days

Tuesday, January 29, 2013

SIL - New Position

A new CSP position was established today on Global X Silver Miners ETF (SIL). All prices include IB commissions.

DateStockDescriptionTransactionStatusStock InvestmentIncome Generated
1/29/2013SILCSP Margin UsedCSP 100 SIL @ 20.00 ($2,000.00) 
1/29/2013SILInitial Put OptionSTO 1 Mar13 20.00 Put @ 0.45  $44.51

Position Summary

Cost Basis($2,000.00)
Income Generated$44.51
Percent Income Generated2.23%
Annualized Income Generated18.05%
Net Profit If Closed$44.51
Percent Return If Closed2.23%
Annualized Return If Closed18.05%
Days Held to Expiration45 days

NVS - New Position

A new CSP position was established today on Novartis (NVS). All prices include IB commissions.

CriteriaValue
Dividend Champions StatusContender
Years of Consecutive Dividend Increases11
Fair Value Estimate$69.00
Target Buy Price$55.20
Target Margin of Safety20.00%
Actual Buy Price$65.00
Actual Margin of Safety5.80%

DateStockDescriptionTransactionStatusStock InvestmentIncome Generated
1/29/2013NVSCSP Margin UsedCSP 100 NVS @ 65.00 ($6,500.00) 
1/29/2013NVSInitial Put OptionSTO 1 Mar13 65.00 Put @ 0.94  $93.93

Position Summary

Cost Basis($6,500.00)
Income Generated$93.93
Percent Income Generated1.45%
Annualized Income Generated11.72%
Net Profit If Closed$93.93
Percent Return If Closed1.45%
Annualized Return If Closed11.72%
Days Held to Expiration45 days

Friday, January 25, 2013

WMS - New Position

A new CSP position was established today on WMS Industries (WMS). All prices include IB commissions.

This non-Dividend Champion position meets the minimum requirement of 12% Downside Protection and 12% Annualized Return.

CriteriaValue
Downside Protection15.98%
Annualized Return62.49%
Fair Value Estimate$33.00
Target Buy Price$23.10
Target Margin of Safety30.00%
Actual Buy Price$15.00
Actual Margin of Safety54.55%

DateStockDescriptionTransactionStatusStock InvestmentIncome Generated
1/25/2013WMSCSP Margin UsedCSP 100 WMS @ 15.00 ($1,500.00) 
1/25/2013WMSInitial Put OptionSTO 1 Feb13 15.00 Put @ 0.54  $53.93

Position Summary

Cost Basis($1,500.00)
Income Generated$53.93
Percent Income Generated3.60%
Annualized Income Generated62.49%
Net Profit If Closed$53.93
Percent Return If Closed3.60%
Annualized Return If Closed62.49%
Days Held to Expiration21 days

VRX - New Position

A new CSP position was established today on Valeant Pharmaceuticals (VRX). All prices include IB commissions.

This non-Dividend Champion position meets the minimum requirement of 12% Downside Protection and 12% Annualized Return.

CriteriaValue
Downside Protection12.88%
Annualized Return12.89%
Fair Value Estimate$75.00
Target Buy Price$45.00
Target Margin of Safety40.00%
Actual Buy Price$57.50
Actual Margin of Safety23.33%

DateStockDescriptionTransactionStatusStock InvestmentIncome Generated
1/25/2013VRXCSP Margin UsedCSP 100 VRX @ 57.50 ($5,750.00) 
1/25/2013VRXInitial Put OptionSTO 1 Mar13 57.50 Put @ 1.00  $99.51

Position Summary

Cost Basis($5,750.00)
Income Generated$99.51
Percent Income Generated1.73%
Annualized Income Generated12.89%
Net Profit If Closed$99.51
Percent Return If Closed1.73%
Annualized Return If Closed12.89%
Days Held to Expiration49 days

SVXY - New Position

A new CSP position was established today on ProShares Short VIX Short-Term Futures ETF (SVXY). All prices include IB commissions.

DateStockDescriptionTransactionStatusStock InvestmentIncome Generated
1/25/2013SVXYCSP Margin UsedCSP 100 SVXY @ 70.00 ($7,000.00) 
1/25/2013SVXYInitial Put OptionSTO 1 Feb13 70.00 Put @ 0.45  $44.73

Position Summary

Cost Basis($7,000.00)
Income Generated$44.73
Percent Income Generated0.64%
Annualized Income Generated11.11%
Net Profit If Closed$44.73
Percent Return If Closed0.64%
Annualized Return If Closed11.11%
Days Held to Expiration21 days

SKX - New Position

A new CSP position was established today on Skechers (SKX). All prices include IB commissions.

This non-Dividend Champion position meets the minimum requirement of 12% Downside Protection and 12% Annualized Return.

CriteriaValue
Downside Protection13.76%
Annualized Return18.59%
Fair Value Estimate$22.00
Target Buy Price$13.20
Target Margin of Safety40.00%
Actual Buy Price$16.00
Actual Margin of Safety27.27%

DateStockDescriptionTransactionStatusStock InvestmentIncome Generated
1/25/2013SKXCSP Margin UsedCSP 100 SKX @ 16.00 ($1,600.00) 
1/25/2013SKXInitial Put OptionSTO 1 Mar13 16.00 Put @ 0.40  $39.93

Position Summary

Cost Basis($1,600.00)
Income Generated$39.93
Percent Income Generated2.50%
Annualized Income Generated18.59%
Net Profit If Closed$39.93
Percent Return If Closed2.50%
Annualized Return If Closed18.59%
Days Held to Expiration49 days

ROVI - New Position

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

This non-Dividend Champion position meets the minimum requirement of 12% Downside Protection and 12% Annualized Return.

CriteriaValue
Downside Protection14.01%
Annualized Return18.46%
Fair Value Estimate$25.00
Target Buy Price$12.50
Target Margin of Safety50.00%
Actual Buy Price$15.00
Actual Margin of Safety40.00%

DateStockDescriptionTransactionStatusStock InvestmentIncome Generated
1/25/2013ROVICSP Margin UsedCSP 100 ROVI @ 15.00 ($1,500.00) 
1/25/2013ROVIInitial Put OptionSTO 1 Feb13 15.00 Put @ 0.16  $15.93

Position Summary

Cost Basis($1,500.00)
Income Generated$15.93
Percent Income Generated1.06%
Annualized Income Generated18.46%
Net Profit If Closed$15.93
Percent Return If Closed1.06%
Annualized Return If Closed18.46%
Days Held to Expiration21 days

NTAP - New Position

A new CSP position was established today on NetApp, Inc (NTAP). All prices include IB commissions.

This non-Dividend Champion position meets the minimum requirement of 12% Downside Protection and 12% Annualized Return.

CriteriaValue
Downside Protection14.45%
Annualized Return15.10%
Fair Value Estimate$39.00
Target Buy Price$27.30
Target Margin of Safety30.00%
Actual Buy Price$31.00
Actual Margin of Safety20.51%

DateStockDescriptionTransactionStatusStock InvestmentIncome Generated
1/25/2013NTAPCSP Margin UsedCSP 100 NTAP @ 31.00 ($3,100.00) 
1/25/2013NTAPInitial Put OptionSTO 1 Feb13 31.00 Put @ 0.27  $26.93

Position Summary

Cost Basis($3,100.00)
Income Generated$26.93
Percent Income Generated0.87%
Annualized Income Generated15.10%
Net Profit If Closed$26.93
Percent Return If Closed0.87%
Annualized Return If Closed15.10%
Days Held to Expiration21 days

MSFT - New Position

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

CriteriaValue
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$27.00
Actual Margin of Safety22.86%

DateStockDescriptionTransactionStatusStock InvestmentIncome Generated
1/25/2013MSFTCSP Margin UsedCSP 100 MSFT @ 27.00 ($2,700.00) 
1/25/2013MSFTInitial Put OptionSTO 1 Mar13 27.00 Put @ 0.42  $42.23

Position Summary

Cost Basis($2,700.00)
Income Generated$42.23
Percent Income Generated1.56%
Annualized Income Generated11.65%
Net Profit If Closed$42.23
Percent Return If Closed1.56%
Annualized Return If Closed11.65%
Days Held to Expiration49 days