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.

Sunday, April 26, 2015

Options Expiration Report for Apr 24 2015

The following CC positions expired and will be continued. All prices include IB commissions.

Trade History for Coach (COH)

DateStockPriceDescriptionTransactionStatusStock InvestmentIncome Generated
5/1/2014COH CSP Margin UsedCSP 100 COH @ 43.00 ($4,300.00) 
5/1/2014COH$44.11Initial Put OptionSTO 1 MAY 30 '14 43 Put @ 0.49Expired $49.09
5/30/2014COH CSP Margin ReturnedCSP 100 COH @ -43.00 $4,300.00 
5/30/2014COH$40.71Stock AssignedAS 1 MAY 30 '14 43 Put @ -43.00 ($4,300.00) 
6/30/2014COH Dividend ReceivedDIV 100 Dividend @ 0.34  $33.75
9/29/2014COH Dividend ReceivedDIV 100 Dividend @ 0.34  $33.75
12/29/2014COH Dividend ReceivedDIV 100 Dividend @ 0.34  $33.75
2/24/2015COH$43.04Continued TradeSTO 1 MAR 20 '15 44 Call @ 0.45Expired $44.61
3/30/2015COH Dividend ReceivedDIV 100 Dividend @ 0.34  $33.75
4/16/2015COH$43.01Continued TradeSTO 1 APR 24 '15 43 Call @ 0.55Expired $54.61
3/20/2015COH  Totals ($4,300.00)$194.95
DTE323  Percent Income/Annualized 4.53%5.12%

Trade History for Medtronic (MDT)

DateStockPriceDescriptionTransactionStatusStock InvestmentIncome Generated
6/30/2014MDT CSP Margin UsedCSP 100 MDT @ 63.00 ($6,300.00) 
6/30/2014MDT$63.69Initial Put OptionSTO 1 JUL 25 '14 63 Put @ 0.86Assigned $86.09
7/25/2014MDT CSP Margin ReturnedCSP 100 MDT @ -63.00 $6,300.00 
7/25/2014MDT$62.90Stock AssignedAS 1 JUL 25 '14 63 Put @ -63.00 ($6,300.00) 
7/28/2014MDT$62.76Continued TradeSTO 1 AUG 01 '14 63 Call @ 0.29Expired $29.09
10/24/2014MDT Dividend ReceivedDIV 100 Dividend @ 0.31  $30.50
7/28/2014MDT$62.76Continued TradeSTO 1 AUG 01 '14 63 Call @ 0.29Expired $29.09
1/7/2015MDT$72.44Continued TradeSTO 1 JAN 30 '15 73 Call @ 1.40Expired $140.26
1/16/2015MDT Dividend ReceivedDIV 100 Dividend @ 0.31  $30.50
2/24/2015MDT$78.97Continued TradeSTO 1 MAR 27 '15 80 Call @ 0.91Expired $91.26
3/30/2015MDT$78.39Continued TradeSTO 1 APR 24 '15 79 Call @ 1.08Expired $108.26
4/17/2015MDT Dividend ReceivedDIV 100 Dividend @ 0.31  $30.50
4/24/2015MDT  Totals ($6,300.00)$545.05
DTE298  Percent Income/Annualized 8.65%10.60%

Trade History for Philip Morris (PM)

DateStockPriceDescriptionTransactionStatusStock InvestmentIncome Generated
3/2/2015PM CSP Margin UsedCSP 100 PM @ 82.00 ($8,200.00) 
3/2/2015PM$82.89Initial Put OptionSTO 1 MAR 27 '15 82 Put @ 1.14Assigned $113.91
3/27/2015PM CSP Margin ReturnedCSP 100 PM @ -82.00 $8,200.00 
3/27/2015PM$76.79Stock AssignedAS 1 MAR 27 '15 82 Put @ -82.00 ($8,200.00) 
4/16/2015PM$84.96Continued TradeSTO 1 APR 24 '15 85 Call @ 0.51Expired $51.26
4/26/2015PM  Totals ($8,200.00)$113.91
DTE55  Percent Income/Annualized 1.39%9.22%

The following CC positions were called away at the strike price and were closed. All prices include IB commissions.

Trade History for Baxter International (BAX)

DateStockPriceDescriptionTransactionStatusStock InvestmentIncome Generated
3/3/2015BAX CSP Margin UsedCSP 100 BAX @ 69.00 ($6,900.00) 
3/3/2015BAX$69.32Initial Put OptionSTO 1 MAR 27 '15 69 Put @ 1.10Assigned $109.91
3/27/2015BAX CSP Margin ReturnedCSP 100 BAX @ -69.00 $6,900.00 
3/27/2015BAX$68.55Stock AssignedAS 1 MAR 27 '15 69 Put @ -69.00 ($6,900.00) 
3/30/2015BAX$68.58Continued TradeSTO 1 APR 24 '15 69 Call @ 0.88Assigned $88.26
4/24/2015BAX$71.14Stock CalledAS 1 APR 24 '15 69 Call @ 69.00 $0.00$6,900.00
4/24/2015BAX  Net Cost/Profit-Loss ($6,900.00)$198.17
Days Held52  Percent Profit-Loss/Annualized 2.87%20.16%

Trade History for Occidental Petroleum (OXY)

DateStockPriceDescriptionTransactionStatusStock InvestmentIncome Generated
3/2/2015OXY CSP Margin UsedCSP 100 OXY @ 74.50 ($7,450.00) 
3/2/2015OXY$71.95Initial Put OptionSTO 1 MAR 20 '15 74.5 Put @ 0.75Assigned $74.91
3/20/2015OXY CSP Margin ReturnedCSP 100 OXY @ -74.50 $7,450.00 
3/20/2015OXY$72.72Stock AssignedAS 1 MAR 20 '15 74.5 Put @ -74.50 ($7,450.00) 
3/30/2015OXY$74.14Continued TradeSTO 1 APR 24 '15 74.5 Call @ 1.45Assigned $144.91
4/24/2015OXY$79.77Stock CalledAS 1 APR 24 '15 74.5 Call @ 74.50 $0.00$7,450.00
4/24/2015OXY  Net Cost/Profit-Loss ($7,450.00)$219.82
Days Held53  Percent Profit-Loss/Annualized 2.95%20.32%

Trade History for Exxon Mobil(XOM)

DateStockPriceDescriptionTransactionStatusStock InvestmentIncome Generated
3/2/2015XOM CSP Margin UsedCSP 100 XOM @ 86.00 ($8,600.00) 
3/2/2015XOM$87.77Initial Put OptionSTO 1 MAR 27 '15 86 Put @ 1.09Assigned $108.91
3/27/2015XOM CSP Margin ReturnedCSP 100 XOM @ -86.00 $8,600.00 
3/27/2015XOM$83.58Stock AssignedAS 1 MAR 27 '15 86 Put @ -86.00 ($8,600.00) 
3/30/2015XOM$85.60Continued TradeSTO 1 APR 24 '15 86 Call @ 1.24Assigned $124.26
4/24/2015XOM$86.97Stock CalledAS 1 APR 24 '15 86 Call @ 86.00 $0.00$8,600.00
4/24/2015XOM  Net Cost/Profit-Loss ($8,600.00)$233.17
Days Held53  Percent Profit-Loss/Annualized 2.71%18.67%