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.