Friday, January 6, 2017

New Position Summary

Since I haven't been able to devote any time to analyzing individual companies I've decided to start trading sector ETF's. I chose sector ETF's over SPY for a few reasons. 1) SPY is priced too high at over $200/share, 2) Sector ETF's are priced within my price limits, and 3) Sector ETF's have cycles and seasonality that can move independently from SPY.

The following CSP positions were established today. All prices include IB commissions.

StockPriceTypeStrikeEXPDTDTEInvestedIncomeROIAROI
XLB$50.66P$49.501/27/201721$4,950.00$21.910.44%7.69%
XLE$76.03P$73.501/27/201721$7,350.00$36.910.50%8.73%
XLI$63.17P$62.001/27/201721$6,200.00$31.910.51%8.95%
XLK$49.42P$48.501/27/201721$4,850.00$26.910.55%9.64%
XLP$52.11P$51.501/27/201721$5,150.00$24.910.48%8.41%
XLU$48.87P$47.501/27/201721$4,750.00$20.910.44%7.65%
XLV$70.99P$69.501/27/201721$6,950.00$34.910.50%8.73%
XLY$83.33P$82.001/27/201721$8,200.00$44.910.55%9.52%
Totals$48,400.00$243.280.50%8.74%

Definition of Terms

Price - Stock price when position was established.

Type - P=CSP (Cash Secured Put) and C=CC (Covered Call)

EXPDT - Expiration Date.

DTE - Days to expiration.

ROI - Return on Investment.

AROI - Annualized Return on Investment.

Thursday, October 13, 2016

New Position Summary

The following CSP positions were established today. All prices include IB commissions.

StockPriceTypeStrikeEXPDTDTEInvestedIncomeROIAROI
ADI$60.73P$55.0011/18/201636$5,500.00$40.920.74%7.54%
DE$86.40P$77.5011/18/201636$7,750.00$30.920.40%4.05%
MO$62.76P$60.0010/28/201615$6,000.00$20.920.35%8.48%
XLE$70.21P$65.0011/4/201622$6,500.00$21.920.34%5.59%
XLK$47.24P$45.5011/4/201622$4,550.00$19.920.44%7.26%
YUM$89.66P$84.0010/28/201615$8,400.00$26.920.32%7.80%

Definition of Terms

Price - Stock price when position was established.

Type - P=CSP (Cash Secured Put) and C=CC (Covered Call)

EXPDT - Expiration Date.

DTE - Days to expiration.

ROI - Return on Investment.

AROI - Annualized Return on Investment.

Wednesday, September 28, 2016

New Position Summary

The following CSP positions were established today. All prices include IB commissions.

StockPriceTypeStrikeEXPDTDTEInvestedIncomeROIAROI
ADM$41.86P$40.0010/28/201630$4,000.00$29.000.73%8.82%
CL$73.57P$70.0010/28/201630$7,000.00$30.000.43%5.21%
TGT$67.85P$64.0010/28/201630$6,400.00$26.000.41%4.94%
TIF$71.14P$65.5010/28/201630$6,550.00$24.000.37%4.46%
WMT$71.74P$68.0010/28/201630$6,800.00$28.000.41%5.01%

Definition of Terms

Price - Stock price when position was established.

Type - P=CSP (Cash Secured Put) and C=CC (Covered Call)

EXPDT - Expiration Date.

DTE - Days to expiration.

ROI - Return on Investment.

AROI - Annualized Return on Investment.

Tuesday, August 30, 2016

New Position Summary

The following CSP positions were established today. All prices include IB commissions.

StockPriceTypeStrikeEXPDTDTEInvestedIncomeROIAROI
KO$43.24P$42.509/30/201631$4,250.00$35.000.82%9.70%
MSFT$57.89P$56.509/30/201631$5,650.00$43.000.76%8.96%
PG$87.54P$86.009/30/201631$8,600.00$76.000.88%10.41%
TIF$71.98P$69.009/16/201617$6,900.00$47.000.68%14.62%
YUM$90.78P$88.509/16/201617$8,850.00$57.000.64%13.83%

Definition of Terms

Price - Stock price when position was established.

Type - P=CSP (Cash Secured Put) and C=CC (Covered Call)

EXPDT - Expiration Date.

DTE - Days to expiration.

ROI - Return on Investment.

AROI - Annualized Return on Investment.

Wednesday, August 24, 2016

New Position Summary

The following CSP positions were established today. All prices include IB commissions.

StockPriceTypeStrikeEXPDTDTEInvestedIncomeROIAROI
ABC$88.17P$85.009/16/201623$8,500.00$40.920.48%7.64%
ADM$43.26P$41.009/23/201630$4,100.00$31.920.78%9.47%
CL$74.26P$72.509/23/201630$7,250.00$47.920.66%8.04%
DE$87.39P$83.009/23/201630$8,300.00$64.920.78%9.52%

Definition of Terms

Price - Stock price when position was established.

Type - P=CSP (Cash Secured Put) and C=CC (Covered Call)

EXPDT - Expiration Date.

DTE - Days to expiration.

ROI - Return on Investment.

AROI - Annualized Return on Investment.

Monday, August 22, 2016

New Position Summary

The following CSP positions were established today. All prices include IB commissions.

StockPriceTypeStrikeEXPDTDTEInvestedIncomeROIAROI
LOW$77.42P$73.509/23/201632$7,350.00$37.000.50%6.04%
TGT$70.45P$68.509/23/201632$6,850.00$80.001.17%10.64%
VFC$64.52P$62.509/16/201625$6,250.00$55.000.88%14.93%
WMT$72.81P$71.009/23/201632$7,100.00$62.000.87%8.98%

Definition of Terms

Price - Stock price when position was established.

Type - P=CSP (Cash Secured Put) and C=CC (Covered Call)

EXPDT - Expiration Date.

DTE - Days to expiration.

ROI - Return on Investment.

AROI - Annualized Return on Investment.

Tuesday, August 9, 2016

New Position Summary

The following CSP positions were established today. All prices include IB commissions.

StockPriceTypeStrikeEXPDTDTEInvestedIncomeROIAROI
ABC$88.62P$87.508/19/201610$8,750.00$61.920.71%25.83%
CVS$97.45P$96.008/26/201617$9,600.00$50.920.53%11.39%
MSFT$58.20P$57.008/26/201617$5,700.00$38.920.68%14.66%
NSC$89.25P$87.008/26/201617$8,700.00$69.910.80%17.25%
PII$95.75P$85.009/16/201638$8,500.00$55.000.65%6.22%
YUM$89.04P$86.508/26/201617$8,650.00$44.920.52%11.15%

Definition of Terms

Price - Stock price when position was established.

Type - P=CSP (Cash Secured Put) and C=CC (Covered Call)

EXPDT - Expiration Date.

DTE - Days to expiration.

ROI - Return on Investment.

AROI - Annualized Return on Investment.

Thursday, February 11, 2016

New Position Summary

The following CSP positions were established today. All prices include IB commissions.

StockPriceTypeStrikeEXPDTDTEInvestedIncomeROIAROI
MON$85.99P$80.002/19/20168$8,000.00$58.910.74%33.60%
UTX$85.02P$82.502/19/20168$8,250.00$71.910.87%39.77%

Definition of Terms

Price - Stock price when position was established.

Type - P=CSP (Cash Secured Put) and C=CC (Covered Call)

EXPDT - Expiration Date.

DTE - Days to expiration.

ROI - Return on Investment.

AROI - Annualized Return on Investment.

Tuesday, February 9, 2016

Back with New Positions

I'm back after a 10 month hiatus. Work got extremely busy last year and I didn't have the time or energy to devote to my portfolio or this blog. I'm still busy at work but will try to find sometime to trade and post, hopefully monthly. It's very time consuming to post all the details of every trade and monthly returns, so going forward I'll only post a table of new positions as I enter them. I will not be posting followup trades or monthly returns. This will lessen the burden of maintaining this blog while hopefully still providing some useful information.

To make this portfolio easier to manage I've decided to focus on companies who've increased dividends for 10+ consecutive years. These are companies I'd like to own for the long term. To establish positions I'll sell Put options on these stocks, below Morningstar's Fair Value, where the Bid price is greater than or equal to the quarterly dividend. This will allow me to collect "synthetic" dividends every month until assigned, after which I'll hold the positions to collect the "real" dividends. This will require a lot less trading, since I'll only need to trade once a month to establish new positions if needed. If/when work gets less busy (wishful thinking) I'll revise this plan.

The following CSP positions were established today. All prices include IB commissions.

StockPriceTypeStrikeEXPDTDTEInvestedIncomeROIAROI
AMP$79.15P$75.002/19/201610$7,500.00$85.001.13%58.84%
COP$33.57P$28.002/19/201610$2,800.00$25.000.89%35.21%
GPS$23.29P$22.002/19/201610$2,200.00$27.001.23%49.62%
TIF$62.17P$59.002/19/201610$5,900.00$45.000.76%34.59%
VFC$56.63P$50.002/19/201610$5,000.00$35.000.70%30.59%
WSM$52.11P$50.002/19/201610$5,000.00$45.000.90%43.73%

Definition of Terms

Price - Stock price when position was established.

Type - P=CSP (Cash Secured Put) and C=CC (Covered Call)

EXPDT - Expiration Date.

DTE - Days to expiration.

ROI - Return on Investment.

AROI - Annualized Return on Investment.

Sunday, September 20, 2015

Proposed Rule To Ban Options From Self-Directed IRAs

The U.S. Department of Labor (DOL) has issued a proposed rule that would take away the current ability of self-directed individual investors to use listed-options in their IRAs. You can voice your concern directly to the DOL but MUST DO SO BEFORE SEPT 24, 2015, when the comment period ends. To comment, follow the instructions here. Thanks to Born to Sell for providing this information.