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