Wednesday, May 15, 2013

New Purchase - APD, TEVA, RDS.B


I'm reporting my automatic purchases for this week (05/14):

I bought:

$500 of APD
$500 of TEVA
$500 of RDS.B

I used $1500 in new capital and added $56.68/year to my dividend income.  This is an average yield of  3.8%.

My forward 12-month dividends increased to $5450.73.

Note:  I'm really out of good ideas in this market, I may be adding at a slower pace and accumulating a little cash in case of a pullback.

Tuesday, May 14, 2013

Options Trade - BBL


I'm reporting a put I sold last week.  I decided to sell a BBL put since I recently missed BBL's drop to the 4%+ yield region.

I Sold 1 BBL Dec 21 '13 $55 Put @ 3.00

This trade could turn out a few ways:

1) I hold shares until expiration and shares are trading above $55.00.  I will get to keep the $300 in options premiums.

2) I hold shares until expiration and shares are trading below $55.00.  I will get assigned 100 shares of BBL at a cost of $52.00/share.  This price also corresponds to a yield of 4.4%.

3) Shares of BBL go on a run and I decide to buy back the put early for a profit less than $300.

I currently have 14 open options positions and a total options profit of $2544 for 2013.  My options page has been updated accordingly.

Thursday, May 9, 2013

Options Trade - CAT


I decided to close out my final CAT put that I sold in April.  I'm already long CAT and would like to buy more and plan to continue selling puts on weakness.  CAT took a dip briefly under $80 and has since jumped back to around $90+/share so I took this opportunity to make some money.

I bought-to-close 1 CAT NOV 16 '13 $70 Put @ .88 ($88).  The original put was sold @ 2.65 ($265).  I earned $177 before commissions in only 20 days!

I currently have 14 open options positions and a total options profit of $2544 for 2013.  My options page has been updated accordingly.

Wednesday, May 8, 2013

New Purchase - TD, WFC, TEVA

My portfolio hit the 150k mark!

I'm reporting my automatic purchases for this week:

I bought:

$1000 of TD
$500 of TEVA
$500 of WFC

I used $2000 in new capital and added $71.15/year to my dividend income.  This is an average yield of  3.6%.

My forward 12-month dividends increased to $5384.47.

Note:  All three of these companies are up to full positions.  I will continue to add more to TEVA on any weakness.

Tuesday, May 7, 2013

Options Trade - CAT

I decided to close out one of my CAT puts from February.  I'm already long CAT and would like to buy more and plan to continue selling puts on weakness.  I still have another CAT put open that I plan to hold until expiration.

I bought-to-close 1 CAT Aug 17 '13 $85 Put @ 2.9 ($290).  The original put was sold @ 4.0 ($400).  I earned $110 before commissions in 2 1/2 months.  

I currently have 14 open options positions and a total options profit of $2367 for 2013.  My options page has been updated accordingly.