Friday, May 4, 2012

STRA - New Position

A new CSP position was established today on Strayer Education Inc (STRA). All prices include IB commissions.

CriteriaValue
Dividend Champions StatusChallenger
Years of Consecutive Dividend Increases8
Fair Value Estimate$130.00
Target Buy Price$78.00
Target Margin of Safety40.00%
Actual Buy Price$80.00
Actual Margin of Safety38.46%

DateStockDescriptionTransactionStatusStock InvestmentIncome Generated
5/4/2012STRACSP Margin UsedCSP 100 STRA @ 80.00 ($8,000.00) 
5/4/2012STRAInitial Put OptionSTO 1 Jun12 80.00 Put @ 1.95  $194.97

Position Summary

Cost Basis($8,000.00)
Income Generated$194.97
Percent Income Generated2.44%
Annualized Income Generated21.18%
Net Profit If Assigned$194.97
Percent Return If Assigned2.44%
Annualized Return If Assigned21.18%
Days Held to Expiration42 days