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 | $31.00 |
| Actual Margin of Safety | 11.43% |
| Date | Stock | Description | Transaction | Status | Stock Investment | Income Generated |
|---|
| 7/31/2013 | MSFT | CSP Margin Used | CSP 100 MSFT @ 31.00 | | ($3,100.00) | |
| 7/31/2013 | MSFT | Initial Put Option | STO 1 Aug13 31.00 Put @ 0.25 | | | $25.25 |
Position Summary
| Cost Basis | ($3,100.00) |
| Income Generated | $25.25 |
| Percent Income Generated | 0.81% |
| Annualized Income Generated | 18.58% |
| Net Profit If Closed | $25.25 |
| Percent Return If Closed | 0.81% |
| Annualized Return If Closed | 18.58% |
| Days Held to Expiration | 16 days |
