Tuesday, October 2, 2018

Options Update: September 2018

I write monthly options updates to report on my options trades and to keep track of the options income so generated. Each update serves as a status report on the open options and obligations I have. I also report new trades and provide a running tally of DivGro's options income to date.

While DivGro's focus continues to be dividend growth investing, I leverage the equity in my portfolio to trade options and generate extra income. This allows me to buy more dividend growth stocks than otherwise would have been possible.

I mostly sell puts on stocks I would like to own and covered calls on stocks I already own. Occasionally, I execute more speculative options trades, too, such as bull put spreads and other combo trades.

Recap


September was a quiet month for options trading. Below is a snapshot showing a few trades and options expirations this month:


Assigned Options


When an options holder exercises an option, it is said to be assigned.

No options got assigned this month.

Expired Options


In September, the following options expired:

#2222018-08-06:-1×HON 21 Sep 2018 $145.00 P $    75.00 ( $  -1.09 )
#2212018-08-06:-1×HD 21 Sep 2018 $185.00 P $  177.00 ( $  -0.79 )
#2202018-08-06:-1×CVS 21 Sep 2018 $65.00 P $  222.00 ( $  -0.84 )
#2182018-08-06:-2×BBY 21 Sep 2018 $70.00 P $  324.00 ( $  -0.98 )

I secured options income of $794.30 due to these expirations.

On 21 September, Honeywell International (HON) closed at $167.43 per share, well above the $145 strike price of the September put. The put expired and I no longer have the obligation to buy 100 HON shares.

Home Depot (HD) closed at $212.39 per share on 21 September, some 15% above the $185 strike price of the September put I sold. The put expired and I no longer have the obligation to buy 100 HD shares.

On 21 September, CVS Health (CVS) closed at $79.59 per share, well above the $65 strike price of the September put. The put expired and I no longer have the obligation to buy 100 CVS shares.

Finally, Best Buy (BBY) closed at $80.64 per share on 21 September, about 15% above the $70 strike price of the September puts I wrote. The puts expired and I no longer have the obligation to buy 200 BBY shares.

Closed Options


When an out of the money option goes further out of the money, you can close the option early and secure most of the options income.

I closed the following option early:

#1932018-06-14:-1×BUD 21 Dec 2018 $115.00 C $  85.00 ( $  -12.57 )

On 5 September, I decided to close my position in Anheuser-Busch InBev SA/NV (BUD). To do so, I needed to buy back the December 2018 covered call. The trade netted $72.43 in secured options income. 

Rolled Options


Rolling forward options means buying back an option and selling another option with a later expiration date. You can do this to avoid options assignment for in the money options, or to collect more options income for out of the money options.

I rolled forward the following option this month:

#2322018-09-05:  1×MGM 17 Jan 2020 $28.00 P $  405.00 ( $      -0.64 )
#2162018-07-30:-1×MGM 21 Sep 2018 $31.00 P $  144.00 ( $  -350.42 )→ #232

On 5 September, MGM Resorts International (MGM) closed at $27.54 per share, so my $31 put option was deep in the money. I decided to roll forward the option to January 2020 and simultaneously to decrease the strike price to $28.00. The trade cost me $206.42 in secured options income, but I added $404.36 to DivGro's options income tally by selling the January 2020 put.

New Covered Calls


Selling covered calls is a way to collect extra income on stocks you already own.

#2312018-09-05:-1×GILD 19 Nov 2018 $85.00 C $  44.00 ( $  -1.09 )


#231 : 2018-09-05: Sold to Open 1 Contract of Option GILD Nov 19 2018 85.00 C

I own 100 shares of Gilead Sciences (GILD) at a cost basis of $78.24 per share. I'm willing to sell these shares for $85.00 on or before 19 November:

Open Date :  2018-09-05
Expiration Date :  2018-11-19    Number of Days in Trade : 75
Cost Basis :  $78.24 per shareGain at Strike Price : 8.64%
Strike Price :  $85.00 per share
Number of Contracts : 1Number of Shares :100
Call Premium :  $0.44 per shareOptions Income : $44.00
Commission : -$1.09
Net Premium :  $0.429 per shareNet Options Income : $42.91
Options Yield :  0.55%Annualized Options Yield : 2.67%
----------------------------  ----------------------------------------------------  -----------
Commission if Exercised : $0.00
Cost Basis if Exercised : $77.79Gain if Exercised : 9.27%

This covered call yields 0.55%, or 2.67% on an annualized basis. The yield on cost of my GILD position is 2.91%, so I'm boosting dividend income by a factor of 0.92. If the option is exercised, I'll sell 100 shares of GILD at a reduced cost basis of $77.79 per share, for capital gains of 9.27%.



For covered calls, I think an achievable goal is to earn double the dividend yield. The GILD covered call fails to double the stock's dividend yield.

New Put Contracts


Selling put options allows me to set the price I'm willing to pay for a stock I want to buy. In effect, I get paid while waiting for the share price to drop!

I didn't sell any put options in September.

Options Expiring Soon


Below I'm listing options expiring in the next two months. On expiration day, in the money options will result in options assignment, which I'd like to avoid in some cases, if possible.

October:

#2282018-08-28:-2×TGT 19 Oct 2018 $80.00 P $ 123.00 ( $ -0.82 )→ Out of the money with a  10% safety margin 
#2272018-08-28:-3×NKE 19 Oct 2018 $75.00 P $ 183.00 ( $ -3.83 )→ Out of the money with a  13% safety margin 
#2232018-08-06:-1×UNP 19 Oct 2018 $140.00 P $  172.00 ( $ -1.59 )→ Out of the money with an  18% safety margin 
#2192018-08-06:-2×CSCO 19 Oct 2018 $40.00 P $ 124.00 ( $ -2.57 )→ Out of the money with a  22% safety margin 
#2052018-06-14:-2×WBA 19 Oct 2018 $70.00 C $ 288.00 ( $ -0.98 )→ In the money by  5% — caution! 
#2032018-06-14:-1×TRV 19 Oct 2018 $140.00 C $ 124.00 ( $ -1.09 )→ In the money by  7% — caution! 
#2012018-06-14:-1×T 19 Oct 2018 $36.00 C $   94.00 ( $ -1.58 )→ Out of the money with a  7% safety margin 
#1992018-06-14:-2×PG 19 Oct 2018 $85.00 C $   74.00 ( $ -0.98 )→ Out of the money with an  2% safety margin 
#1952018-06-14:-2×DIS 19 Oct 2018 $125.00 C $ 116.00 ( $ -1.58 )→ Out of the money with a  7% safety margin 

November:

#2312018-09-05:-1×GILD 19 Nov 2018 $85.00 C $    44.00 ( $  -1.09 )→ Out of the money with a  8% safety margin  
#2252018-08-17:-2×CMCSA 16 Nov 2018 $37.50 C $  181.00 ( $  -0.82 )→ Out of the money with a  6% safety margin  
#2142018-07-20:-2×WSM 16 Nov 2018 $60.00 P $  717.00 ( $   0.00 )→ Out of the money with a  9% safety margin  
#1962018-06-14:-2×GILD 16 Nov 2018 $85.00 C $  166.00 ( $  -1.58 )→ Out of the money with a  8% safety margin  

Two options expiring in October are in the money. I'll have to monitor them carefully as the options expiration date approaches.


Options Income Tally


Here is a running tally of the total amount received from options trades, as well as the options premiums secured due to options that expired:

key:  expired  •  closed  •  rolled  •  assigned  •  open 

IDDATE:NO×TICKER OPTIONINCOME( EXPENSES )ROLLEDTOTAL➤ SECURED
#2322018-09-05:  1×MGM 17 Jan 2020 $28.00 P $       405.00 ( $          -0.64 )$    36,284.46 ➤ $      9,313.46 
#2312018-09-05:-1×GILD 19 Nov 2018 $85.00 C $         44.00 ( $          -1.09 )$    35,880.10 ➤ $      9,314.10 
#2302018-08-28:-2×TJX 18 Apr 2019 $100.00 P $       499.00 ( $          -1.61 )$    35,837.19 ➤ $      9,315.19 
#2292018-08-28:-1×TJX 18 Apr 2019 $110.00 C $       572.00 ( $          -0.29 )$    35,339.80 ➤ $      9,316.80 
#2282018-08-28:-2×TGT 19 Oct 2018 $80.00 P $       123.00 ( $          -0.82 )$    34,768.09 ➤ $      9,317.09 
#2272018-08-28:-3×NKE 19 Oct 2018 $75.00 P $       183.00 ( $          -3.83 )$    34,645.91 ➤ $      9,317.91 
#2262018-08-28:-10×F 18 Jan 2019 $11.00 C $       216.00 ( $        -12.77 )$    34,466.74 ➤ $      9,321.74 
#2252018-08-17:-2×CMCSA 16 Nov 2018 $37.50 C $       181.00 ( $          -0.82 )$    34,263.51 ➤ $      9,334.51 
#2242018-08-10:-10×F 18 Jan 2019 $11.00 C $       210.00 ( $          -4.87 )$    34,083.33 ➤ $      9,335.33 
#2232018-08-06:-1×UNP 19 Oct 2018 $140.00 P $       172.00 ( $          -1.59 )$    33,878.20 ➤ $      9,340.20 
#2222018-08-06:-1×HON 21 Sep 2018 $145.00 P $         75.00 ( $          -1.09 )$    33,707.79 ➤ $      9,341.79 
#2212018-08-06:-1×HD 21 Sep 2018 $185.00 P $       177.00 ( $          -0.79 )$    33,633.88 ➤ $      9,267.88 
#2202018-08-06:-1×CVS 21 Sep 2018 $65.00 P $       222.00 ( $          -0.84 )$    33,457.67 ➤ $      9,091.67 
#2192018-08-06:-2×CSCO 19 Oct 2018 $40.00 P $       124.00 ( $          -2.57 )$    33,236.51 ➤ $      8,870.51 
#2182018-08-06:-2×BBY 21 Sep 2018 $70.00 P $       324.00 ( $          -0.98 )$    33,115.08 ➤ $      8,873.08 
#2172018-08-06:-2×ADM 21 Dec 2018 $45.00 P $       124.00 ( $          -0.73 )$    32,792.06 ➤ $      8,550.06 
#2162018-07-30:-1×MGM 21 Sep 2018 $31.00 P $       144.00 ( $      -350.42 )→ #232$    32,668.79 ➤ $      8,550.79 
#2152018-07-26:-1×MKC 21 Sep 2018 $115.00 P $       353.00 ( $          -0.12 )$    32,875.21 ➤ $      8,757.21 
#2142018-07-20:-2×WSM 16 Nov 2018 $60.00 P $       717.00 ( $            0.00 )$    32,522.33 ➤ $      8,757.33 
#2132018-07-18:-1×HSY 24 Aug 2018 $91.00 P $       229.00 ( $          -0.62 )$    31,805.33 ➤ $      8,757.33 
#2122018-06-20:-2×SBUX 17 Jan 2020 $50.00 P $       915.00 ( $          -2.57 )$    31,576.95 ➤ $      8,528.95 
#2112018-06-20:-1×HSY 20 Jul 2018 $92.00 P $       194.00 ( $        -65.41 )→ #213$    30,664.52 ➤ $      8,531.52 
#2102018-06-20:-3×GIS 17 Jan 2020 $42.50 P $    1,224.00 ( $          -1.49 )$    30,535.93 ➤ $      8,402.93 
#2092018-06-20:  3×GIS 17 Jan 2020 $60.00 C $           0.00 ( $      -235.46 )$    29,313.42 ➤ $      8,404.42 
#2082018-06-14:-2×TGT 19 Oct 2018 $70.00 P $       355.00 ( $        -20.43 )→ #228$    29,548.88 ➤ $      8,639.88 
#2072018-06-14:-3×NKE 19 Oct 2018 $65.00 P $       264.00 ( $        -31.18 )→ #227$    29,214.31 ➤ $      8,305.31 
#2062018-06-14:-20×F 18 Jan 2019 $12.00 C $    1,383.00 ( $      -306.09 )$    28,981.49 ➤ $      8,072.49 
#2052018-06-14:-2×WBA 19 Oct 2018 $70.00 C $       288.00 ( $          -0.98 )$    27,904.58 ➤ $      6,995.58 
#2042018-06-14:-1×TSM 18 Jan 2019 $45.00 C $         55.00 ( $          -0.34 )$    27,617.56 ➤ $      6,996.56 
#2032018-06-14:-1×TRV 19 Oct 2018 $140.00 C $       124.00 ( $          -1.09 )$    27,562.90 ➤ $      6,996.90 
#2022018-06-14:-1×TJX 19 Oct 2018 $105.00 C $         90.00 ( $      -398.62 )→ #229$    27,439.99 ➤ $      6,997.99 
#2012018-06-14:-1×T 19 Oct 2018 $36.00 C $         94.00 ( $          -1.58 )$    27,748.61 ➤ $      7,306.61 
#2002018-06-14:-1×RDS.B 18 Jan 2019 $80.00 C $       115.00 ( $        -30.67 )$    27,656.19 ➤ $      7,308.19 
#1992018-06-14:-2×PG 19 Oct 2018 $85.00 C $         74.00 ( $          -0.98 )$    27,571.86 ➤ $      7,223.86 
#1982018-06-14:-1×LOW 18 Jan 2019 $120.00 C $       110.00 ( $          -0.79 )$    27,498.84 ➤ $      7,224.84 
#1972018-06-14:-1×JNJ 21 Dec 2018 $135.00 C $       150.00 ( $          -1.09 )$    27,389.63 ➤ $      7,225.63 
#1962018-06-14:-2×GILD 16 Nov 2018 $85.00 C $       166.00 ( $          -1.58 )$    27,240.72 ➤ $      7,226.72 
#1952018-06-14:-2×DIS 19 Oct 2018 $125.00 C $       116.00 ( $          -1.58 )$    27,076.30 ➤ $      7,228.30 
#1942018-06-14:-2×CMCSA 17 Aug 2018 $35.00 C $       164.00 ( $        -85.40 )→ #225$    26,961.88 ➤ $      7,229.88 
#1932018-06-14:-1×BUD 21 Dec 2018 $115.00 C $         85.00 ( $        -12.57 )$    26,883.28 ➤ $      7,151.28 
#1922018-06-14:-1×AAPL 20 Jul 2018 $200.00 C $       122.00 ( $          -1.09 )$    26,810.85 ➤ $      7,078.85 
#1912018-06-12:-2×TPR 20 Jul 2018 $45.00 P $       140.00 ( $          -8.76 )$    26,689.94 ➤ $      6,957.94 
#1902018-06-12:-1×MKC 21 Sep 2018 $100.00 P $       185.00 ( $        -18.36 )→ #215$    26,558.70 ➤ $      6,826.70 
#1892018-06-12:-2×AEO 17 Aug 2018 $24.00 P $       180.00 ( $          -9.17 )$    26,392.06 ➤ $      6,660.06 
#1882018-05-24:-2×WSM 17 Aug 2018 $47.50 P $       240.00 ( $        -12.08 )→ #214$    26,221.23 ➤ $      6,489.23 
#1872018-05-24:-2×TJX 19 Oct 2018 $82.50 P $       380.00 ( $        -17.28 )→ #230$    25,993.31 ➤ $      6,261.31 
#1862018-05-24:-2×TGT 20 Jul 2018 $67.50 P $       224.00 ( $        -32.79 )→ #208$    25,630.59 ➤ $      5,898.59 
#1852018-05-24:-2×HSY 15 Jun 2018 $91.00 P $       236.00 ( $          -0.74 )$    25,439.38 ➤ $      5,707.38 
#1842018-05-11:-1×WMT 21 Jun 2019 $82.50 P $       667.00 ( $          -0.64 )$    25,204.12 ➤ $      5,472.12 
#1832018-05-11:-1×VLO 17 Jan 2020 $90.00 C $    2,935.00 ( $          -0.69 )$    24,537.76 ➤ $      5,472.76 
#1822018-05-11:-1×PG 17 Jan 2020 $72.50 P $       633.00 ( $          -0.63 )$    21,603.45 ➤ $      5,473.45 
#1812018-05-11:-1×MO 21 Jul 2019 $55.00 P $       579.00 ( $          -0.63 )$    20,971.08 ➤ $      5,474.08 
#1802018-05-11:-3×GPS 21 Dec 2018 $29.00 P $       912.00 ( $          -1.45 )$    20,392.71 ➤ $      5,474.71 
#1792018-05-11:-2×DIS 17 Jan 2020 $100.00 P $    1,845.00 ( $          -1.15 )$    19,482.16 ➤ $      5,476.16 
#1782018-05-11:  2×DIS 17 Jan 2020 $130.00 C $           0.00 ( $      -712.11 )$    17,638.31 ➤ $      5,477.31 
#1772018-04-20:-3×GLW 18 Jan 2019 $27.00 P $       618.00 ( $      -102.32 )$    18,350.42 ➤ $      6,189.42 
#1762018-04-20:-1×PG 18 Jan 2019 $77.50 P $       627.00 ( $      -672.25 )→ #182$    17,834.74 ➤ $      5,673.74 
#1752018-04-20:-1×MO 20 Jul 2018 $60.00 P $       438.00 ( $      -505.25 )→ #181$    17,879.99 ➤ $      5,718.99 
#1742018-04-20:-3×KBH 18 Jan 2019 $30.00 P $    1,494.00 ( $          -1.46 )$    17,947.24 ➤ $      5,786.24 
#1732018-04-06:-1×WMT 18 May 2018 $87.50 P $       304.00 ( $      -508.25 )→ #184$    16,454.70 ➤ $      5,787.70 
#1722018-04-06:-2×DIS 18 May 2018 $110.00 C $       116.00 ( $          -1.38 )$    16,658.95 ➤ $      5,991.95 
#1712018-03-23:-3×XLRE 18 May 2018 $29.00 P $       120.00 ( $          -0.18 )$    16,544.33 ➤ $      5,877.33 
#1702018-03-23:-2×APC 18 May 2018 $57.50 P $       290.00 ( $          -0.99 )$    16,424.51 ➤ $      5,757.51 
#1692018-03-22:-3×PFE 18 May 2018 $34.00 P $       141.00 ( $          -1.47 )$    16,135.50 ➤ $      5,468.50 
#1682018-03-22:-3×GPS 18 May 2018 $31.00 P $       447.00 ( $      -551.90 )→ #180$    15,995.97 ➤ $      5,328.97 
#1672018-03-14:-6×WEN 18 May 2018 $16.00 P $       270.00 ( $          -0.25 )$    16,100.87 ➤ $      5,433.87 
#1662018-03-14:-2×STLD 18 May 2018 $46.00 P $       410.00 ( $          -0.69 )$    15,831.12 ➤ $      5,164.12 
#1652018-03-14:-1×RS 20 Apr 2018 $87.50 P $       170.00 ( $          -0.34 )$    15,421.81 ➤ $      4,754.81 
#1642018-03-14:-3×PFE 15 Jun 2018 $34.00 P $       150.00 ( $          -1.47 )$    15,252.15 ➤ $      4,585.15 
#1632018-03-14:10×NEE 20 Apr 2018 $150.00 P $           0.00 ( $   -1,055.63 )$    15,103.62 ➤ $      4,436.62 
#1622018-03-14:-10×NEE 20 Apr 2018 $155.00 P $    2,153.00 ( $          -5.70 )$    16,159.25 ➤ $      5,492.25 
#1612018-03-14:-2×KMB 17 Jan 2020 $100.00 P $    1,503.00 ( $          -0.11 )$    14,011.95 ➤ $      3,344.95 
#1602018-03-14:  2×KMB 17 Jan 2020 $135.00 C $           0.00 ( $      -783.14 )$    12,509.06 ➤ $      3,345.06 
#1592018-03-14:-2×HOG 18 May 2018 $40.00 P $       186.00 ( $          -0.98 )$    13,292.20 ➤ $      4,128.20 
#1582018-03-14:-3×GLW 20 Apr 2018 $29.00 P $       141.00 ( $      -465.32 )→ #177$    13,107.18 ➤ $      3,943.18 
#1572018-03-14:-1×BUD 18 May 2018 $105.00 P $       200.00 ( $          -0.79 )$    13,431.50 ➤ $      4,267.50 
#1562018-02-26:-2×ABBV 17 Jan 2020 $100.00 C $    5,508.00 ( $          -1.24 )$    13,232.29 ➤ $      4,068.29 
#1552018-02-26:-1×WMT 06 Apr 2018 $90.00 P $       130.00 ( $      -221.61 )→ #173$      7,725.53 ➤ $      4,069.53 
#1542018-02-26:-1×LOW 20 Apr 2018 $92.50 P $       196.00 ( $          -0.79 )$      7,817.14 ➤ $      4,161.14 
#1532018-02-26:  5×HD 20 Apr 2018 $185.00 P $           0.00 ( $   -4,827.70 )$      7,621.93 ➤ $      3,965.93 
#1522018-02-26:-5×HD 20 Apr 2018 $190.00 P $    3,450.00 ( $          -2.79 )$    12,449.63 ➤ $      8,793.63 
#1512018-02-23:-2×SBUX 18 May 2018 $52.50 P $       194.00 ( $          -0.98 )$      9,002.42 ➤ $      5,346.42 
#1502018-02-23:-1×PG 20 Apr 2018 $80.00 P $       171.00 ( $      -562.41 )→ #176$      8,809.40 ➤ $      5,153.40 
#149b2018-02-23:-1×MO 20 Apr 2018 $60.00 P $         72.00 ( $      -267.16 )→ #175$      9,200.81 ➤ $      5,544.81 
#149a2018-02-23:-1×MO 20 Apr 2018 $60.00 P $         72.00 ( $          -0.54 )$      9,395.97 ➤ $      5,739.97 
#1482018-02-23:-2×HRL 15 Jun 2018 $32.50 P $       304.00 ( $          -0.01 )$      9,324.51 ➤ $      5,668.51 
#1472018-02-23:-2×EEM 18 May 2018 $46.00 P $       156.00 ( $          -2.42 )$      9,020.52 ➤ $      5,364.52 
#1462018-02-23:-2×DIS 06 Apr 2018 $112.00 C $       142.00 ( $          -0.74 )$      8,866.94 ➤ $      5,210.94 
#1452018-02-23:-3×BAC 18 May 2018 $29.00 P $       150.00 ( $          -1.47 )$      8,725.68 ➤ $      5,069.68 
#1442018-02-23:-2×AAPL 18 May 2018 $155.00 P $       374.00 ( $          -2.43 )$      8,577.15 ➤ $      4,921.15 
#1432018-02-16:-3×NKE 20 Jul 2018 $60.00 P $       441.00 ( $        -20.73 )→ #207$      8,205.58 ➤ $      4,549.58 
#1422018-02-16:-2×GILD 15 Jun 2018 $85.00 C $       678.00 ( $        -11.15 )$      7,785.31 ➤ $      4,129.31 
#1412018-01-12:  6×WYNN 16 Mar 2018 $155.00 P $           0.00 ( $   -2,708.04 )$      7,118.46 ➤ $      3,462.46 
#1402018-01-12:-6×WYNN 16 Mar 2018 $160.00 P $    3,791.00 ( $          -3.14 )$      9,826.50 ➤ $      6,170.50 
#1392018-01-12:  6×RL 20 Apr 2018 $100.00 P $           0.00 ( $   -2,427.25 )$      6,038.64 ➤ $      2,382.64 
#1382018-01-12:-6×RL 20 Apr 2018 $105.00 P $    3,566.00 ( $          -3.34 )$      8,465.89 ➤ $      4,809.89 
#1372018-01-12:  8×JPM 16 Mar 2018 $105.00 P $           0.00 ( $      -842.23 )$      4,903.23 ➤ $      1,247.23 
#1362018-01-12:-8×JPM 16 Mar 2018 $110.00 P $    1,864.00 ( $        -10.29 )$      5,745.46 ➤ $      2,089.46 
#1352018-01-12:-3×KSS 16 Mar 2018 $55.00 P $       405.00 ( $          -0.14 )$      3,891.75 ➤ $         235.75 
#1342018-01-10:-4×QCOM 17 Jan 2020 $65.00 C $    3,140.00 ( $          -2.05 )$      3,486.89 ➤ $       -169.11 
#1332018-01-10:-20×F 17 Jan 2020 $12.00 C $    3,720.00 ( $   -2,558.96 )→ #206$         348.94 ➤ $       -167.06 
#1322018-01-10:-2×KO 18 Jan 2019 $47.00 C $       414.00 ( $      -109.56 )$        -812.10 ➤ $     -1,328.10 
#1312018-01-10:-3×TGT 16 Mar 2018 $60.00 P $       144.00 ( $          -1.48 )$     -1,116.54 ➤ $     -1,632.54 
#1302018-01-10:-3×KBH 20 Apr 2018 $31.00 P $       306.00 ( $   -1,283.91 )→ #174$     -1,259.06 ➤ $     -1,775.06 
#1292018-01-10:-2×FAST 18 May 2018 $50.00 P $       350.00 ( $            0.00 )$        -281.15 ➤ $        -797.15 
#1282018-01-10:-1×AXP 20 Apr 2018 $100.00 P $       330.00 ( $          -0.80 )$        -631.15 ➤ $     -1,147.15 
#1272017-11-30:-2×EEM 19 Jan 2018 $46.00 P $       234.00 ( $          -0.85 )$        -960.35 ➤ $     -1,476.35 
#1262017-11-30:-2×BBT 16 Mar 2018 $50.00 P $       130.00 ( $          -0.98 )$     -1,193.50 ➤ $     -1,709.50 
#1252017-11-21:-3×X 19 Jan 2018 $26.00 P $       252.00 ( $          -2.09 )$     -1,322.52 ➤ $     -1,838.52 
#1242017-11-21:-2×RL 19 Jan 2018 $80.00 P $       150.00 ( $          -0.09 )$     -1,572.43 ➤ $     -2,088.43 
#1232017-11-21:-3×BAC 19 Jan 2018 $25.00 P $       120.00 ( $          -2.23 )$     -1,722.34 ➤ $     -2,238.34 
#1222017-11-17:-1×VLO 18 Jan 2019 $80.00 C $       892.00 ( $   -3,535.26 )→ #183$     -1,840.11 ➤ $     -2,356.11 
#1212017-11-17:-3×NKE 20 Apr 2018 $50.00 P $       208.00 ( $        -31.15 )→ #143$         803.15 ➤ $         287.15 
#1202017-11-17:-2×AAPL 16 Feb 2018 $150.00 P $       376.00 ( $          -1.60 )$         626.30 ➤ $         110.30 
#1192017-11-17:-2×WBA 15 Dec 2017 $70.00 P $       244.00 ( $          -0.99 )$         251.90 ➤ $       -264.10 
#1182017-11-17:-2×TXN 16 Mar 2018 $85.00 P $       200.00 ( $          -0.99 )$             8.89 ➤ $       -507.11 
#1172017-11-17:-2×MO 19 Jan 2018 $62.50 P $       140.00 ( $          -0.99 )$        -190.12 ➤ $        -706.12 
#116b2017-10-20:-1×INTC 17 Jan 2020 $40.00 C $       516.00 ( $   -1,691.18 )$        -329.13 ➤ $        -845.13 
#116a2017-10-20:-1×INTC 17 Jan 2020 $40.00 C $       516.00 ( $          -0.51 )$         846.04 ➤ $         330.04 
#1152017-10-20:-1×D 20 Apr 2018 $80.00 C $       253.00 ( $          -5.69 )$         330.55 ➤ $         330.55 

key:
  expired  •  closed  •  rolled  •  assigned  •  open 

For a complete listing of all options transactions, please visit my Options History page.

Goals Progress


I count secured options income, which is income from options with no further obligations.


Total
Options Income
Secured
Options Income
This Month:
$ 36,284
$     9,313
Last Month:
$ 36,199
$     8,650
Difference:
 $        85 
$        663

I started 2018 with $11,420 in secured option income, so I'm still in the hole by $2,107. It is rather clear that I won't achieve my goal of securing $12,000 in options income in 2018.

Nevertheless, I'm happy to see total options income continuing to increase... I have most of that money invested in dividend growth stocks, so that earn me additional income too!

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