Mar2015

Sell 1 CL Apr15 69.5Put=$0.81 x 100 shares=$81
Sell 1 PG Apr15 84.5Put=$0.92 x 100 shares=$82

Total Options Income collected for Mar15 is $163.
Current holding is 5 ARO, 4 VALE, 4 ESI, 1 XOM, 2 KO, 2 MO.

Afew of the holding have drop below the price of what i have bought and thus the options premium generated is less than $0.10 if i were to sell call on the price i had bought. Will monitor the holding to see if price may go up to the level that i have bought  so that i will be able to generate some premiums off it.

10Mar-Dividend received- XOM-$0.69 x 100shares = $69

Annual Dividend Projection
KO-$1.32 x 200shares = $264
XOM-$2.76 x 100shares = $276
MO-$2.08 x 200shares = $416
CL-$1.52 x 100shares = $152
PG-$2.57 x 100shares = $257
This works out to be $1365 annual dividends which is 2.16% yield.

DRIP-Dividend Reinvestment Program

Hooray.. I've enrolled for the DRIP on 2Mar2015 The list of stock that is in my watchlist and qualifies for the program are ADP,CB,CL,CLX,JNJ,KO,KMB,LOW,MO,MKC,PG,XOM.
OPTIONS will be the way to get more income to write more OPTIONS while DRIP will be the way to accumulate the stocks. Reason for using the DRIP is because theres no transaction fee when using the dividends to purchase and reinvest back to the stocks and its also possible to get fractional shares. Im getting excited.. so beisde monthly updates on the OPTIONS SELLING premium recieved monthly, they will be another whenever theres dividends coming in.. 1st DRIP will be KO on 1Apr2015. Curious to see what will be reflected. hehe...