Dec2014

Sell LOW Jan15 67.5Put=$1.26 x 100 shares=$126
Sell MO Jan15 50Put=$0.66 x 100 shares=$66
Sell ESI Jan15 9Put=$0.70 x 100 shares=$70
Sell XOM Jan15 95Call=$1.18 x 100shares=$118
Total Options Income collected for Dec14 is $380.
Current holding is 5 ARO, 2 VALE, 2 ESI, 1 XOM, 2 KO.


Decided to sell ESI options as its paying good options premium. if I get assigned, I will be able to average down the prices.


Annual Dividend Projection
KO-$1.22 x 200shares
LOW-$0.92 x 100shares
XOM-$2.76 x 100shares
MO-$2.08 x 100 shares
This works out to be $820 annual dividends which is 2.7% yield.


Sell ESI Jan14 9Put=$0.60 x 100 shares=$60 on 2jan2015. I did this because to average down ESI prices.So Total Options Income collected is $440.

Nov2014

Sell KO Dec14 44Put = $0.58x 200 shares = $116
Sell WAG Dec14 65.5Put=$0.68 x 100shares=$68
Sell LOW Dec14 62.5Put=$0.76 x 100 shares=$76
Sell XOM Dec14 95Put=$1.11 x 100shares=$110
Total Options Income collected for Nov14 is $370.
Dividends received from VALE is $78.50  on 7Nov14.
Total Income collected for Nov14 is $448.50.
Current holding is 5 ARO, 2 VALE. 2 ESI.
I've been thinking what if suddenly the market crash and im holding all this stocks at high price. Since I wont be able to sell any option, what will be my dividend income from the holdings I have. so right now I will include in my blog the current annual dividend income I would receive if I am to assign with these stocks and I cant sell any options.
KO-$1.22*200shares
WAG-$1.35*100shares
LOW-$0.92*100shares
XOM-$2.76*100shares
This works out to be $747 annual dividends which is 2.4% yield.

Oct2014

Sell MO Nov14 44.5 Put = $0.46x 100 shares = $46
Sell KO Nov14 42 Put= $0.50 x 200shares = $100
Sell WAG Nov14 57Put=$0.76 x 100shares=$93
Sell LOW Nov14 50Put=$0.65 x 100 shares=$65
Sell WMT Oct14 76Call=$0.78 x 100shares=$78


Total Income collected for Nov14 is $382+ KO dividends of $85.40 at 1Oct2014. Total is $467.40


Current holding is 5 ARO, 2 VALE. 2 ESI, 1 WMT.

Sep2014

This month will have lower income generated because I've decided to create a portfolio of stocks to reduce the risk of putting all eggs in one basket.


Sell MO Oct14 45 Put = $0.50x 100 shares = $50
Sell KO Oct14 42 Put= $0.45 x 100shares = $45
Sell WMT Oct14 76Put=$0.58 x 100shares=$58
Sell WAG Oct14 60Put=$0.93 x 100shares=$93
Sell LOW Oct14 52.5Put=$0.43 x 100 shares=$43
Sell ESI Oct14 4put=$0.30 x 200 shares=$60--- Find that ESI is at the low price now and it will be good average out my position if I were to get called. if not I will just received the option income, As long as they remain in the Exchange and did not get delisted, years to come, I believe it would breakeven..


Total Income collected for Sep14 is $289+$60 for ESI sell put on 7Oct= $349.
ARO and ESI I think is gone case.. haha.. will just leave it there and see what happens 30years later... I shall focus on building a portfolio with 10 stocks and try to balance them with 10% weightage on each stocks.


Current holding is 5 ARO, 2 VALE. 2 ESI

Aug2014

Had decided not to sell weekly options because the premium may not cover the comm fee in the long run. so decided to sell on monthly again..


Sell MO Sep14 42 Put = $0.63x 200 shares = $126
Sell KO Sep14 42 Call= $0.20 x 400shares = $80
Sell ARO Sep14 3.5Call=$0.16 x 1000shares=$160

Total Income collected for Aug14 is $366

Current holding is 15 ARO, 4 KO, 2 VALE. 2 ESI

AugWk3 2014

Sell MO Aug14 42CALL = $0.28 x 200 shares = $56
Income collected for AugWk314 dated is $56.


Current holding is 15 ARO, 4 KO, 1 VALE, 2 ESI, 2 MO

I had found out that when stocks are being assigned, theres a comm fee of $9.90, so minimum for the premium must be more than $0.10 for it to be a profit. The good part about weekly is that chances of getting assigned is higher and if you get assigned and sell call at next higher strike price, its is more worth it.. 

JulyWk4 2014

Saw that MO and KO got weekly options so trying it out as I think it can generate additional premium than monthly option. Hence, there will be a weekly update in this blog to track the status.

Sell MO Julwk4 14 41.50 Put = $0.22 x 200 shares = $44
Sell KO Jul14wk4 42 Put = $0.36 x 300shares = $108
Sell ESI Aug14 16 Call =$0.95 x 200shares=$190
Sell ARO Augu14 3.50 call = $0.09 x 1000shares=$90

 Total Income collected for Julwk4 2014 dated  is $432.

Current holding is 15 ARO, 1 KO, 1 VALE, 2 ESI.

Jun2014

Had Sold 2 lots ESI at $17.92 on 17jun2014. freed up the cash and bought 10 lots of ARO at $3.50 averaging ARO for 15 lots at $7.20.

Sell MO Jul14 42 Put = $0.33 x 300 shares = $99
Sell KO Jul14 42 Put= $0.70 x 200shares = $140
Sell ESI Jul14 16 Put=$0.87 x 200shares=$174

Total Income collected for Jun14 is $413.

Current holding is 15 ARO, 1 KO, 1 VALE.

May2014

Sell MO June14 40 Put = $0.81 x 300 shares = $243
Sell KO June14 40 Put= $0.40 x 300 shares = $120


Total Income collected for May2014  is $363.

Still Holding on to 5 ARO, 2 ESI, 2 VALE, 1 KO.

Apr 2014

Sell MO May14 38 Put = $0.44 x 600 shares = $264
Sell VALE May14 13 put= $0.19 * 100 shares = $19

Dividend Received: KO=$30.50 1apr2014
                                 MO=$48.00 10apr2014

Total Income collected for Apr2014  is $361.50.

Still Holding on to 5 ARO, 2 ESI, 2 VALE, 1 KO.

Mar2014

sell KO Apr14 38 put = $0.41 x 500 shares = $205
sell ESI Apr14 30 call = $0.92 x 200 shares = $184
sell MO Apr14 38 call = $0.18 x 100 shares = $18

new funds were added in so i have decide to sell options on KO. was reading news that ESI might get de-listed, instead of keep holding on to the stocks which it seems to take forever to recover, rather than keeping it,i decided to sell call option to make some income. if it get triggered, then i shall take it as a loss.
Another stock would be ARO. have 500 shares on it and was thinking of what to do..

Lesson learnt until now is to only invest in defensive stock as defensive stock will recover for sure since its consumer based product.

29mar/2350hrs-After much thinking, having lose out on previous 2 years due to ESI and ARO, I decide to invest on KO and MO as their returns on option is higher than 1% monthly. if I were to diversify to other stocks like JNJ PG CL, the annual returns is lower than 8%. for KO and MO, their annual returns would generate more than 10%.
The initial plan of 2% monthly doesn't goes well as plan as I have no confident in holding long term should the price fall 50% like ESI and ARO. it brought me to enlightenment that we must only buy stocks that we are willing to hold forever and ALSO STOCKS THAT PAYS DIVIDENDS.

Total for the month on Mar14 income collected thru options is $407.

currently stocks holding are ARO,ESI,KO,MO,VALE

Feb2014

sell KO Mar14 37 put = $0.48 x 100 shares = $48
sell VALE Mar14 14 put = $0.30 x 100 shares = $30

was being assign for MO for last month at $37. current price is $35. option premium is only $0.05 for $37 call. So I'm not selling any option on it.


Total for the month on Feb14 income collected thru options is $78.

currently stocks holding are ARO,ESI,KO,MO,VALE

Jan 2014

sell WAG Feb14 57.5 put = $0.93 x 100 shares = $93
sell MO Feb14 37 put = $0.50 x 100 shares = $50

Total for the month on Jan14 income collected thru options is $143.

currently stocks holding are ARO,ESI,KO,MO,VALE

Review on 2013

For the year of 2013,
Total income generated from options were : $1828.70
Total dividends collected : $144.59

Total capital invested : $32000
current portfolio value : $26476

so that computes to about 5.71% income from capital.

Portfolio decrease due to ESI,VALE,ARO. Will be selling away ESI & ARO once it reach breakeven price as I have no more confidence in this 2. VALE on the other hand still pays a healthy dividend and I still love the idea of natural coal ore mine resource. will sell VALE unless I have found a better company to park my money in.

For the year 2014, I will be looking to invest in either JNJ,PG or CL depending on which one is more attractive by the time my funds parked in. If im able to liquidate ARO or ESI then im able to have more fund n bought up those 3 target company.