Thursday, December 25, 2014

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.